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Ptolemy I Soter Tetradrachm as Satrap
Ptolemy I Soter. Silver Tetradrachm (15.65 g, 30mm), as Satrap, 323-305 BC. Alexandria, in the name of Alexander III
O: Diademed head of the deified Alexander right, wearing elephant's skin headdress.
R: AΛEΞANΔPOY in left field, Athena Alkidemos advancing right, wielding javelin and holding forth shield;in right field, monogram, Corinthian helmet above and eagle standing right on thunderbolt.
Overstruck, traces of undertype visible.

The earlier 17g tetradrachms were withdrawn from circulation in 306/305 BC and reissued after weight adjustment. They were trimmed to remove 1.5g of silver, heated and restruck. This must have been faster than melting them down into bullion and restriking. Some issues show clear evidence of the edges being trimmed, although many, such as this one, do not.

Ptolemy was feeling the financial burden of repelling Antigonus’ invasion and supporting Rhodes through a thirteen-month siege. The government needed extra currency and Egypt produced little or no silver. The recall of the heavy issues meant 8 tetradrachms were restruck into 9 “Crisis Issues” but with no change in the appearance of the dies.
File information
Filename:Ptolemy_30mms.jpg
Album name:Nemonater / Greek
File Size:744 KB
Date added:Apr 12, 2019
Dimensions:1400 x 703 pixels
Displayed:12 times
URL:http://www.forumancientcoins.com/gallery/displayimage.php?pos=-154566
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Mark R1  [Apr 12, 2019 at 01:03 AM]
Love it. I really like the reverse with the hoplite helmet
Jay GT4  [Apr 12, 2019 at 01:48 AM]
Amazing
quadrans  [Apr 12, 2019 at 05:31 AM]
Interesting piece..