The drachm formed a central part of Greek currency in the 5th and 4th centuries BC. Although the tetradrachm is well known among collectors for its widespread use in paying armies throughout the ancient world, the smaller drachm held a position within Macedonian currency similar to that of a modern-day US nickel. It was commonly used for everyday transactions, yet it featured the same recognizable designs as its larger counterpart. This AR Drachm is graded Choice Extremely Fine by the Numismatic Guaranty Corporation (NGC) with 4/5 grades for its strike and surface. Right now, the Kingdom of Macedon Alexander III AR Drachm is available from JM Bullion.
Coin Highlights:
Each Kingdom of Macedon Alexander III AR Drachm is available here in Choice XF condition with 4/5 grades for both its strike and surface conditions. This grade for strike indicates a coin with well-struck designs that are centered within the design field. As for the surface condition, 4/5 indicates a coin with above-average original luster and minimal-to-moderate wear from circulation.
The production of Macedonian drachms was a carefully organized affair overseen by royal authority, with mints operating at key administrative and military centers throughout the kingdom and its conquered territories. Principal mints such as Amphipolis, Pella, and Aigai served as the primary production centers within Macedonia proper, while additional mints were established at Corinth, Tarsus, Babylon, Alexandria, and numerous other locations as Alexander’s empire expanded.
The obverse of the Alexander III AR Drachm shows a right-facing bust of Hercules, identified by the lion skin covering his head. The reverse of the Kingdom of Macedon AR Drachm features Zeus seated on a throne, representing the ruler of the Greek gods.
If you have any questions when buying 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 formed a central part of Greek currency in the 5th and 4th centuries BC. Although the tetradrachm is well known among collectors for its widespread use in paying armies throughout the ancient world, the smaller drachm held a position within Macedonian currency similar to that of a modern-day US nickel. It was commonly used for everyday transactions, yet it featured the same recognizable designs as its larger counterpart. This AR Drachm is graded Choice Extremely Fine by the Numismatic Guaranty Corporation (NGC) with 4/5 grades for its strike and surface. Right now, the Kingdom of Macedon Alexander III AR Drachm is available from JM Bullion.
Coin Highlights:
Each Kingdom of Macedon Alexander III AR Drachm is available here in Choice XF condition with 4/5 grades for both its strike and surface conditions. This grade for strike indicates a coin with well-struck designs that are centered within the design field. As for the surface condition, 4/5 indicates a coin with above-average original luster and minimal-to-moderate wear from circulation.
The production of Macedonian drachms was a carefully organized affair overseen by royal authority, with mints operating at key administrative and military centers throughout the kingdom and its conquered territories. Principal mints such as Amphipolis, Pella, and Aigai served as the primary production centers within Macedonia proper, while additional mints were established at Corinth, Tarsus, Babylon, Alexandria, and numerous other locations as Alexander’s empire expanded.
The obverse of the Alexander III AR Drachm shows a right-facing bust of Hercules, identified by the lion skin covering his head. The reverse of the Kingdom of Macedon AR Drachm features Zeus seated on a throne, representing the ruler of the Greek gods.
If you have any questions when buying 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.