Kings of Thrace, Lysimachos AV Stater. Uncertain mint, 306-280 BC. Diademed head of the deified Alexander to right, wearing horn of Ammon / Athena Nikephoros enthroned to left, resting elbow on grounded shield, transverse spear behind; ΒΑΣΙΛΕΩΣ to right, ΛΥΣΙΜΑ[ΧΟΥ] crowned by Nike to left, monogram to inner left. Marinescu -; Müller -; Seyrig Monnaies -.8.53g, 19mm, 12h.

Near Mint State; slight die shift to rev., struck in high relief. Unpublished in the standard references.

Privately purchased from Gorny & Mosch Giessener Münzhandlung, inventory #111533.

Types like this beautifully detailed stater stand out among the coinages of the Diadochi due to the obverse portrait: the Thracian king continued to feature Alexander on his gold staters and silver tetradrachms even after the other Diadochi had ceased to depict Alexander. Lysimachos' coinage represents Alexander as a distinguished and deified figure, his diadem and ram's horns signifying his royal and divine status as king and son of Zeus Ammon. K. Dahmen identifies this notable numismatic design as an assertion of Lysimachos' particular legitimacy as a successor to Alexander, elevating the living Lysimachos by association with the qualities of the late Macedonian conqueror (Dahmen, The Legend of Alexander the Great on Greek and Roman Coins, 2007, p.17). The reverse imagery attests to the Thracian king's personal successes: the depiction of the war goddess Athena, with her Nike attribute crowning Lysimachos' inscribed name, can be understood to refer to the king's military achievements, specifically perhaps the Battle at Ipsos in 301 BC (O. Morkholm, Early Hellenistic Coinage from the Accession of Alexander to the Peace of Apamea, 1991, p.81).

Prior to the victory at Ipsos, as part of an allied coalition of successors, Lysimachos had only produced limited issues of tetrobols at Lysimacheia circa 306-301 BC. He had founded the city in the Chersonese in 309 BC, and with this military success Lysimachos gained considerably greater lands in western Asia Minor which included wealthy mint cities like Lampsakos and Abydos (O. Morkholm, Early Hellenistic Coinage from the Accession of Alexander to the Peace of Apamea, 1991, p.81). Lysimacheia became his principal European mint (Sear, Greek Coins and Their Values, Volume 1, 1978, p.162), but nonetheless gold staters in the name of Lysimachos, displaying an obverse Alexander portrait which stands out among the coinages of the successors, are very rare in high grade and consequently greatly sought-after.