GRECO-BAKTRIAN KINGDOM, Demetrios I Aniketos, c. 200-185 BCE, Æ trichalkon. 11.97g, 29mm.
Obv: Head of elephant right, wearing bell around neck.
Rev: ΒΑΣΙΛΕΩΣ ΔΗΜΗΤΡΙΟΥ; Kerykeion (caduceus); N to inner left.
HGC 12, 67var.; Bopearachchi series 5 (unlisted monogram); SNG ANS 209-11

This auction contains (at ridiculously low starting prices) the last of a small group of this popular type that we acquired from Leu Numismatik’s first auction. They do not come to market often, and typically fetch hundreds… snap one up while you can!

Demetrios, one of the most important Bactrian kings, was given the name “Invincible” (Aniketos) after his death due to his never having lost a battle. He conquered large regions in Afghanistan and Pakistan, and also invaded India.