Macedonia, Kingdom of Drachm - Demetrius Poliorcetes (In the name of Alexander III; Miletos)

Posted on: December 1, 2025

keywords: --- ## Introduction The Drachm of Demetrius Poliorcetes, issued in the name of Alexander III, is a captivating piece of ancient numismatic history. Originating from the Kingdom of Macedonia, this silver coin offers a unique glimpse into the rich tapestry of Hellenistic traditions and the enduring legacy of Alexander the Great. As a collector's item, it holds immense historical and monetary significance, appealing to both seasoned collectors and history enthusiasts alike. ## Historical Background The Drachm was minted during the reign of Demetrius Poliorcetes, a prominent figure in Hellenistic history. Demetrius, known for his military prowess and strategic acumen, was a king of Macedonia who played a pivotal role in the power struggles following Alexander the Great's death. The coin, however, is inscribed in the name of Alexander III, reflecting the continued influence and reverence for the legendary conqueror. This practice was common, as many successors sought to legitimize their rule by associating with Alexander's legacy. The specific mint location, Miletos, was a significant city in the ancient world, renowned for its cultural and economic contributions to the Hellenistic period. ## Design Features The aesthetic appeal of the Drachm lies in its intricate design work, which showcases the artistry of ancient minting. - **Obverse Design**: The obverse features the head of Herakles (Hercules) adorned with a lion skin headdress, a symbol of strength and divine heroism. This imagery was a favored motif in Macedonian coinage, aligning the ruler with the legendary hero's valor and might. - **Reverse Design**: The reverse depicts Zeus, the king of the gods, seated left on a backless throne. In his right hand, he holds an eagle, a symbol of power and authority, while a long scepter rests in his left hand. To the left of Zeus is a monogram within a circle, and a distinctive double-axe symbol is positioned below the throne, adding layers of meaning and authenticity to the coin. ## Technical Specifications Understanding the technical aspects of the Drachm enhances its appreciation: - **Composition**: Silver - **Weight**: 4.08 grams - **Diameter**: 18.00 millimeters These specifications are typical of Hellenistic drachms, reflecting the standardized practices of the period and the economic importance of silver as a medium of exchange. ## Collectible Value The Drachm of Demetrius Poliorcetes is a highly sought-after coin among collectors for several reasons: 1. **Historical Significance**: Its connection to Alexander the Great and the turbulent era of the Diadochi (Alexander's successors) enhances its allure. Collectors value coins that tell a story, and this drachm is a narrative piece of Hellenistic geopolitics. 2. **Rarity Level**: While not the rarest of ancient coins, its condition, provenance, and specific minting details can significantly impact its market value. Well-preserved specimens with clear iconography and inscriptions are particularly prized. 3. **Market Value**: The current market value of the drachm can vary widely based on condition and historical provenance, typically ranging from a few hundred to several thousand dollars at auction. Its value is bolstered by a growing interest in ancient coins, driven by their historical and artistic significance. ## Conclusion The Drachm of Demetrius Poliorcetes from Macedonia is more than just a piece of currency; it is a tangible connection to the past. It embodies the blend of art, politics, and history that characterizes ancient numismatics. For collectors and historians, this coin offers a profound insight into the era of Alexander the Great's successors, making it a treasured addition to any collection. Its enduring appeal lies not only in its silver composition and intricate design but also in the stories and legacies it preserves.

[SEO TITLE]: Discover the Drachm of Demetrius Poliorcetes from Macedonia [SEO DESCRIPTION]: Explore the historic Drachm of Macedonia, a silver treasure. [KEYWORDS]: Drachm, Demetrius Poliorcetes, Macedonia coin, silver coin, Alexander III, Miletos, ancient currency

Introduction

The Drachm of Demetrius Poliorcetes, issued in the name of Alexander III, is a captivating piece of ancient numismatic history. Originating from the Kingdom of Macedonia, this silver coin offers a unique glimpse into the rich tapestry of Hellenistic traditions and the enduring legacy of Alexander the Great. As a collector's item, it holds immense historical and monetary significance, appealing to both seasoned collectors and history enthusiasts alike.

Historical Background

The Drachm was minted during the reign of Demetrius Poliorcetes, a prominent figure in Hellenistic history. Demetrius, known for his military prowess and strategic acumen, was a king of Macedonia who played a pivotal role in the power struggles following Alexander the Great's death. The coin, however, is inscribed in the name of Alexander III, reflecting the continued influence and reverence for the legendary conqueror. This practice was common, as many successors sought to legitimize their rule by associating with Alexander's legacy. The specific mint location, Miletos, was a significant city in the ancient world, renowned for its cultural and economic contributions to the Hellenistic period.

Coin Images

Coin obverse image Obverse

Coin reverse image Reverse

Design Features

The aesthetic appeal of the Drachm lies in its intricate design work, which showcases the artistry of ancient minting.

Obverse Design: The obverse features the head of Herakles (Hercules) adorned with a lion skin headdress, a symbol of strength and divine heroism. This imagery was a favored motif in Macedonian coinage, aligning the ruler with the legendary hero's valor and might.
Reverse Design: The reverse depicts Zeus, the king of the gods, seated left on a backless throne. In his right hand, he holds an eagle, a symbol of power and authority, while a long scepter rests in his left hand. To the left of Zeus is a monogram within a circle, and a distinctive double-axe symbol is positioned below the throne, adding layers of meaning and authenticity to the coin.

Technical Specifications

Understanding the technical aspects of the Drachm enhances its appreciation:

Composition: Silver
Weight: 4.08 grams
Diameter: 18.00 millimeters These specifications are typical of Hellenistic drachms, reflecting the standardized practices of the period and the economic importance of silver as a medium of exchange.

Collectible Value

The Drachm of Demetrius Poliorcetes is a highly sought-after coin among collectors for several reasons:

Historical Significance: Its connection to Alexander the Great and the turbulent era of the Diadochi (Alexander's successors) enhances its allure. Collectors value coins that tell a story, and this drachm is a narrative piece of Hellenistic geopolitics.
Rarity Level: While not the rarest of ancient coins, its condition, provenance, and specific minting details can significantly impact its market value. Well-preserved specimens with clear iconography and inscriptions are particularly prized.
Market Value: The current market value of the drachm can vary widely based on condition and historical provenance, typically ranging from a few hundred to several thousand dollars at auction. Its value is bolstered by a growing interest in ancient coins, driven by their historical and artistic significance.

Conclusion

The Drachm of Demetrius Poliorcetes from Macedonia is more than just a piece of currency; it is a tangible connection to the past. It embodies the blend of art, politics, and history that characterizes ancient numismatics. For collectors and historians, this coin offers a profound insight into the era of Alexander the Great's successors, making it a treasured addition to any collection. Its enduring appeal lies not only in its silver composition and intricate design but also in the stories and legacies it preserves.

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