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ID:     278630
Type:     Greek
Region:     MACEDONIAN KINGS
Issuer:     Philip III
Date Ruled:     323-316 BC
Metal:     Silver
Denomination:     1/6 Stater
Struck / Cast:     struck
Date Struck:     320-315 BC
Diameter:     14 mm
Weight:     2.37 g
Die Axis:     11 h
Obverse Description:     Diademed head of Apollo right
Reverse Legend:     ΦΙΛΙΠΠΟΥ
Reverse Description:     Rider on horseback right; below horse, ΛY above forepart of lion right; in exergue, spearhead right
Mint:     Amphipolis
Primary Reference:     Price P005A corr. (spearhead not noted)
Reference2:     SNG ANS 829 (Philip II)
Photograph Credit:     Classical Numismatic Group, Inc.
Source:     http://www.cngcoins.com/Coin.aspx?CoinID=278630
Grade:     VF
Notes:     Although these coins have traditionally been attributed to the beginning of Lysimachos' reign as king of Thrace, more recent scholarship has persuasively placed them early in the period of his satrapy. Price, in his study of the coinage of Alexander the Great and Philip III, discounts the prior dating (circa 306/5 BC) and mint attribution (Lysimachia), and argues for an issue placed at Amphipolis, circa 320-315 BC. During this time, Lysimachos was constantly waging war against the Thracian tribes and likely needed coinage for troop payments. The only source for him, at that time, would be his close friend Kassander, who contolled the mint at Amphipolis. This placement and dating conform well to the current scholarship regarding the minting of Philip II-type 1/5th tetradrachms, and is closely corroborated by numismatists and historians alike. For further background information, see, e.g., Price, pp. 130 and 197; AMNG III, pg. 171; and H. Lund, Lysimachus: A Study in Early Hellenistic Kingship, Routledge, 1992, pg. 57.