Macedonia, Kingdom of Drachm - Philip III (In the name of Alexander III; Miletus)

Introduction

The Drachm coin issued under Philip III in the name of Alexander the Great is a captivating artifact from ancient Macedonia. This coin not only embodies the rich legacy of Alexander the Great but also serves as a testament to the continuity of his empire under Philip III. Collectors and history enthusiasts alike find this coin intriguing for its historical context and remarkable design.

Historical Background

The Drachm coin, issued in Miletus, is deeply rooted in the rich tapestry of Macedonia's storied past. Philip III Arrhidaeus, the half-brother of Alexander the Great, ascended to power following the latter's untimely death. While Philip III's reign was largely characterized by his nominal rule under regents, the issuance of coins in Alexander's name exemplifies the enduring influence and admiration for Alexander's legacy. These coins continued to circulate, reinforcing Alexander's enduring presence in the Hellenistic world.

Coin Images

Obverse

Reverse

Design Features

The Drachm's design is a masterful reflection of ancient Greek artistry. On the Obverse, the coin features the head of Heracles, a revered hero in Greek mythology, depicted beardless and adorned with the iconic lion skin headdress. This imagery symbolizes strength and valor, traits highly esteemed by both Alexander and Philip III. On the Reverse, the coin depicts Zeus, the king of the Greek gods, seated on a stool-throne facing left. In his right hand, he holds an eagle, a symbol of divine authority, while in his left, he grips a sceptre, further emphasizing his dominion. The presence of a grain ear in the left field signifies prosperity and fertility, reinforcing the notion of a thriving kingdom under divine protection.

Technical Specifications

The Drachm of Philip III is meticulously crafted from silver, a precious metal that underscores its status and value. The coin weighs approximately 4.29 grams and measures about 16.00 millimeters in diameter. These specifications align with the traditional standards of ancient Greek coinage, ensuring its utility and consistency in trade across the Hellenistic world.

Collectible Value

The Drachm coin is highly prized among collectors for its historical significance and artistic merit. Its association with both Philip III and Alexander the Great enhances its allure, making it a coveted piece in numismatic circles. The coin's rarity and well-preserved examples can command a premium in the market, reflecting its desirability and the fascination it holds for enthusiasts of ancient history and coinage.

Conclusion

The Drachm issued in the name of Alexander the Great under Philip III is more than just a piece of currency; it is a tangible link to a world that shaped the course of history. Its exquisite design and historical context offer a glimpse into a bygone era where myths intertwined with reality. For collectors and historians alike, this coin represents a valuable artifact that continues to inspire and captivate, serving as a testament to the enduring legacy of Macedonia's most celebrated rulers.