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Before going into detail with this coin, it is a necessity to point out how brilliantly thorough Dankin has been in his description of the coin. Not only is our work made easier from such an excellent description, but it also assures that the coin is identified and attributed as accurately as possible.
Dankin's coin bears the inscription 'AΛEΞAN∆POY', and was minted in the name of Alexander III of Macedonia, also known as Alexander the Great. Yes, the Alexander the Great!
The coins which have Zeus seated with a bird on the reverse have the helmeted head of Heracles on the obverse. Alexander ruled from 336 to 323 B.C., but these coins continued to be minted well after his death, some as late as 250 B.C.
The coins were minted in the drachm and stater denominations. The drachms are silver, while the staters are gold.
DRACHMS:
worn: $50 US dollars approximate catalog value
average circulated: $150
well preserved: $300
STATERS:
worn: $1500 approximate catalog value
average circulated: $2200
well preserved: $3000
These coins, especially the staters, are commonly counterfeited. It would be wise to take your coin to a coin shop, where a professional numismatist can examine the coin in-hand, and hopefully determine its authenticity.
Be sure to check out the 'Important Terminology' page on the menu on the top left. The term 'catalog value' is somewhat a weasel word.
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