Ptolemaic Kingdom- Ptolemy III Gold Octodrachm NGC AU 5x3
Sorry, currently out of stock
Ptolemy III, 246-222 BC
Gold AV Octodrachm
NGC AU 5x3
Ptolemy III Euergetes (Benefactor), the third ruler of Egypt’s Ptolemaic Dynasty and was the eldest son of Ptolemy II Philadephus by one of his early wives named Arsinoe. However, his father apparently abandoned this first Arsinoe to marry his full sister (after the death of her husband Lysimachos), who was also named Arsinoe and is frequently referred to in history as Arsinoe II. Both would be worshipped as living gods. He succeeded his father in 246 bc at the age of 30, wasting no time carrying on his families powerful influence.
This coin is beautiful and in above average preservation for being over 2,200 years old. Certified by NGC, this is heaviest gold coin with the highest contemporary value of any coin the world had ever seen. The coin itself weighs almost one ounce (27.71 grams), while most ancient gold coins weighed 4 to 5 grams. This extraordinary coin was apparently not popular for commercial use, but struck to show how rich and powerful the kingdom was. The coin may have also had a ceremonial function showcasing the Ptolemaic rulers, who were all deified during their lifetime. This denomination is commonly called a Octodrachm or Mnaieion, meaning a one-mina coin, and is equivalent to 100 silver drachms, or a mina of silver.
We guarantee all of our coins, so your purchase and satisfaction are always secure.