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The drachm was a fundamental unit of Greek currency during the 5th and 4th centuries BC. While the tetradrachm is widely recognized among collectors for its extensive use as a means of military payment in the ancient world, the smaller drachm held a value comparable to that of a modern-day US nickel. It served as a practical denomination for routine, everyday transactions, while still featuring the same recognizable design elements as its larger counterpart. This Alexander III Drachm has a stunning About Uncirculated grade from the Numismatic Guaranty Corporation (NGC). Right now, the Kingdom of Macedon Alexander III AR Drachm Coin is available from JM Bullion.
Coin Highlights:
This Kingdom of Macedon Alexander III AR Drachm Coin comes in AU condition with impressive 5/5 designations for its strike and surface. The strike grade indicates a coin with a strongly struck, well-centered visual. The surface grade refers to an ancient coin with strong, original luster present and only minimal signs of wear and tear.
The drachm represented one-quarter of the silver tetradrachm, the dominant large denomination of Macedonian coinage, and was struck at approximately 4.3 grams of high-quality silver consistent with the Attic weight standard that Macedonia adopted under Philip II. This standardization was a deliberate and consequential policy decision, as aligning Macedonian coinage with the widely accepted Attic standard ensured that Macedonian drachms would be recognized, trusted, and accepted across Greek commercial networks far beyond the kingdom’s own borders.
The obverse of the Alexander III AR Drachm shows a right-profile depiction of Hercules, identifiable by the lion skin draped over his head. On the reverse of the Kingdom of Macedon AR Drachm, Zeus is shown seated on a throne, highlighting his status as king of the gods.
If you have any questions about ancient silver, please feel free to ask. JM Bullion customer service is available at 800-276-6508, online using our web chat, and via our email address.
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The drachm was a fundamental unit of Greek currency during the 5th and 4th centuries BC. While the tetradrachm is widely recognized among collectors for its extensive use as a means of military payment in the ancient world, the smaller drachm held a value comparable to that of a modern-day US nickel. It served as a practical denomination for routine, everyday transactions, while still featuring the same recognizable design elements as its larger counterpart. This Alexander III Drachm has a stunning About Uncirculated grade from the Numismatic Guaranty Corporation (NGC). Right now, the Kingdom of Macedon Alexander III AR Drachm Coin is available from JM Bullion.
Coin Highlights:
This Kingdom of Macedon Alexander III AR Drachm Coin comes in AU condition with impressive 5/5 designations for its strike and surface. The strike grade indicates a coin with a strongly struck, well-centered visual. The surface grade refers to an ancient coin with strong, original luster present and only minimal signs of wear and tear.
The drachm represented one-quarter of the silver tetradrachm, the dominant large denomination of Macedonian coinage, and was struck at approximately 4.3 grams of high-quality silver consistent with the Attic weight standard that Macedonia adopted under Philip II. This standardization was a deliberate and consequential policy decision, as aligning Macedonian coinage with the widely accepted Attic standard ensured that Macedonian drachms would be recognized, trusted, and accepted across Greek commercial networks far beyond the kingdom’s own borders.
The obverse of the Alexander III AR Drachm shows a right-profile depiction of Hercules, identifiable by the lion skin draped over his head. On the reverse of the Kingdom of Macedon AR Drachm, Zeus is shown seated on a throne, highlighting his status as king of the gods.
If you have any questions about ancient silver, please feel free to ask. JM Bullion customer service is available at 800-276-6508, online using our web chat, and via our email address.
