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GREEK, Macedonian Kingdom, Alexander III the Great, AE Quarter-Obol (2 Chalkoi). Struck 323 315 BC under Nikokreon at Salamis, Cyprus.
Obverse: No legend. Macedonian shield with Gorgoneion (Medusa) head as the boss in the centre. The shield boss is sometimes called the episema, the Greek name for a symbol of a particular city or clan which was placed in the centre of a soldier's shield.
Reverse: Macedonian helmet surmounted with a horse hair crest; B - A (for BAΣIΛEOΣ AΛEΞANΔPOY = King Alexander) above; mint marks below the helmet, to left, a kerykeion (caduceus) and to the right, the monogram NK (for Nikokreon).
Diameter: 14mm | Weight: 4.6gms | Die Axis: 1
Price: 3162 | Liampi, Chronologie 170-92

This coin is a Type 7 (Macedonian shield type) bronze Quarter-Obol (two chalkoi). Price dated the Macedonian Shield coins as beginning during the latter part of Alexander's life, c.325 BC, and ending c.310 BC. Liampi later argued, based on new hoard evidence, that they were minted as early as 334 BC. This particular coin is dated from c.323 to 315 BC.
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