SOME
ALEXANDRIAN COINS
By
J.G. Milne
The
coins issued at Alexandria under Roman rule for use in
Egypt have been rather undeservedly neglected by English
students. It is true that they have not the artistic
charm of Greek coins of the fifth and fourth centuries
B.C.; but there is a considerable store of interesting
material for the purposes of mythology and religion to
be found in the types, and the value of the series from
the historical and economical point of view is very high.
The apparent commonness of the Alexandrian coins may
have depreciated them in the estimation of collectors
; but, although hoards comprising thousands of specimens
are found in Egypt, the number of distinct varieties
is large—probably about ten thousand— and
any hoard examined will probably reveal some new type.
The
notes which follow have been written partly with the
view of showing the range of interests covered by the
series. The coins which furnish the headings are in my
own collections ; the first five appear to be unpublished,
while the other two are selected as illustrating the
eccentricities which may turn up and relieve the monotony
of ploughing through one of the enormous hoards of the
third century. The other coins reproduced in the plates,
with the two exceptions noted where they occur, are also
mine.
(1) |
An
undated tetradrachm of Vespasian (Pl. XXXV,
Fig. 1). |
|
Obv.:—ΑΥΤΟΚΡΑΤΚΑΙΣΑΟΥΕΣΠΑΣΙΑΝΟΥ.
Head of Vespasian r., laureate.
|
|
Rev :—Winged
Nike advancing l., wearing long chiton, holding
in r. hand wreath, in l. palm.
|
24
mm. 11.64 gr. |
The
most noticeable peculiarity of this coin, regarded as
an Alexandrian tetradrachm, is the absence of any date
upon it, in which respect it is almost unique. The series
of tetradrachms struck at Alexandria under the Roman
emperors began in A.D. 20 and ended in 296, and the issues
were consistently dated by the Egyptian regnal years
of the emperors, furnishing the longest dated series
of coins in Greek or Roman history ; in the whole of
this period there are only one or two instances where
the date is omitted. The explanation of the anomaly
in the present case suggests an interesting possibility.
The reverse type is one of those ordinarily used by the
Alexandrian mint in the first three years of Vespasian
; but the obverse is not : the regular legend on the
Alexandrian tetradrachms of this emperor is, in year
1, ΑΥΤΤΙΤΦΛΑΥΙΟΥΕΣΠΑΣΙΑΝΚΑΙΣ, and in year 2 and later, ΑΥΤΟΚΚΑΙΣΣΕΒΑΟΥΕΣΠΑΣΙΑΝΟΥ.
The formula which appears on this coin is that normally
employed at Antioch ; and it further
seems that the portrait of Vespasian in this case is
rather of the Antiochene the of the Alexandrian type*.
This leads to the conclusion that the coin was struck
with an obverse die brought from Antioch in conjunction
with a reverse die of Alexandria ; as the Alexandrian
tetradrachms of Vespasian are regularly dated on the
obverse, and those of Antioch on the reverse, the absence
of a date is thus explained.
Why
a die of the mint of Antioch should have been used in
Egypt is not obvious. The coin comes from a hoard obtained,
and probably found, at Tell el-Maskhûteh (Heroonpolis,
the Egyptian Pithom) on the high road from Egypt to Syria
; and it is rather tempting to suppose that it may have
been struck locally with dies borrowed from two different
directions. There is no sufficient reason for thinking
that there was any regular mintage in Egypt outside Alexandria,
though there may have been temporary establishments set
up in the provinces on occasions of special stress*;
but it is possible that unauthorised or semi-official
issues may have been made at garrison towns, such as
Heroonpolis, if the paymaster of the troops found himself
running short of current coin. The tetradrachm does not
appear to be a counterfeit in the ordinary sense of the
term, as it is of good weight and seemingly of the same
fineness as contemporary official pieces. Another
explanation may be put forward—that the obverse
die was engraved at the Alexandrian mint by an artist
brought from Antioch, who in a moment of forgetfulness
cut the image and superscription according to the patter
which he had been accustomed to follow. It is quite likely
that mint officials would be moved from one town to another
; there is a noteworthy instance of the importation of
foreign practice into the Alexandrian mint in the reign
of Severus Alexander. In years 4, 5, and 7 of this emperor
there occurs, concurrently with tetradrachms of the ordinary
Alexandrian style and fabric, a group of issues which
are in several respects quite distinct*.
The coins of the latter class are struck on flans which
are rather thinner and more spread than is usual at Alexandria,
and the whole effect is one of more neatness and finish
; instead of the rough edges characteristic of the somewhat
lumpy tetradrachms of this period, most examples of this
special group have a smooth and rounded edge, occasionally
almost suggesting a collar. Further, they have a portrait
of the emperor which is artistically superior to the
ordinary one, and shows some clear differences in treatment—for
instance, in the hair, which resembles the work of the
Roman mint ; the lettering of the inscriptions is also
Western in style. These traces of Roman influence are
emphasized by what is in some ways the greatest peculiarity
of the series—the die-positions. The regular practice
of the Alexandrian mint was to strike coins with the
die-position ↑↑*;
but in this special group the dies are placed indifferently ↑↑ or ↑↓.
Such a variation in the die-position was quite usual
at Rome ; but it was a complete novelty at Alexandria,
where the die-position ↑↑ had come down
from Ptolemaic times, and the imperial mint "perpetuated
the tradition with a persistency that was almost Chinese."* It
seems very probable, therefore, that workmen were imported
from Rome to Egypt in the reign of Severus Alexander
to introduce new methods at the mint ; but, as has
often happened in affairs of currency, change was unpopular,
and the old order prevailed.
There
may similarly have been an importation from Antioch in
the time of Vespasian ; and this theory is supported
by the fact that there is a bronze Alexandrian coin in
the British Museum (no. 263 in the Catalogue), which
has the same Antiochene form of legend on the obverse
as our tetradrachm, though the portrait is more of the
Alexandrian style. The reverse of this coin is dated
in year 3, which may serve to date the tetradrachm also.
(2) |
Bronze
dichalkon of Marcus Aurelius (Pl.
XXXV, Fig. 6). |
|
Obv.:—Head
of M. Aurelius r., laureate.
|
|
Rev :—Scorpion
; in field, L Β.
|
13
mm. 1.63 gr |
This
little coin furnishes the only representation of
the scorpion as an independent type in the Alexandrian
series*.
There is a group of bronze coins of the eighth
year of Antoninus Pius which bear on their reverses
busts of the Sun, Moon, and five planets in conjunction
with the signs of the Zodiac ; and in this group
the scorpion duly occurs in the type of Mars in
Scorpio. The coin under consideration, however,
belongs to a distinct class, and has no astronomical
significance. The Alexandrian bronze issues, which
run in a fairly regular series through the first
two centuries of Roman dominion, appear to fall
into five denominations, the normal sizes of which
are respectively about 14, 19, 24, 29, and 34 mm.
diameter*.
On the smallest denomination, which began to be
freely struck in the time of Vespasian and disappeared
less than a century later, our coin being one of
the latest examples, zoological types are most
usually employed for the reverses ; they also occur
on the next size, especially under Hadrian ; but
on the three larger denominations, as also on the
billon tetradrachms, they are hardly ever found,
except for the eagle, which probably owed its popularity
to its connexion with the Roman army, the hippopotamus,
which seems to have been regarded as a symbol of
the Nile and so of Egypt, and such specially sacred
creatures as the serpent and the bull. The reason
governing the choice of these zoological types
for the smallest coins was probably an artistic
one ; a figure of an animal could be treated conveniently
and clearly in the limited field, where the detail
required to emphasize the points of more elaborate
types would have been hopelessly confused. So not
only groups of figures, but representations of
buildings and the like, were usually reserved to
appear on the larger coins.
(3) |
An
'Adventus' type of Septimius Severus (Pl.
XXXV, Fig. 7). |
 |
|
Obv.:—ΑΥΤΚΛCΕΠCΕΥΗΕ ΥCΕΠΕΡΤCΕΒΑΡΑ[ΑΔΙΠ]ΑΡΜ.
Head of Severus r., laureate.
|
|
|
Rev.:—Severus
standing r., Laureate, wearing toga, holding in
l. hand sceptre resting on his shoulder, with r.
hand outstretched to Alexandria standing l. wearing
elephant skin cap and short chiton ; she holds
vexillum in l. hand and in r. offers two ears of
corn to the emperor ; in field (l.) L (centre) Η.
|
|
23
mm. 12.46 gr. |
|
The
reverse type of this tetradrachm may be interpreted
as referring to a visit of the emperor to Alexandria.
It is a repetition with slight variations of a
group which occurs on coins of the 15th year of
Hadrian, which also show the emperor receiving
an offering of corn as a welcome from the personification
of the city (Pl. XXXV, Fig. 8) ; and one of the
two visits of Hadrian to Egypt is known from the
Epitome of Dio Cassius (lxxv. 13) and from the
Historia Augusta (Sev. 17) ; but the
date of his journey has had to be inferred from
the
sequence of events, and has usually been taken
as 202 A.D. This coin seems to fix his presence
at Alexandria in the eighth year of his reign
; and an even closer date may perhaps be obtained
by comparison of other evidence. An Oxyrhynchus
papyrus (1405) contains a rescript of an emperor
whose name is lost, but whom on internal grounds
the editors conclude to have been Severus ; this
rescript was published at Alexandria in Pharmouthi
of the eighth year (March—April 200 A.D.),
and it may be presumed that the emperor was then
in
the city. There is another rescript of Severus
dated in the same month and year in a Berlin papyrus
(B.G.U. 437), however it deals with the same general
question—the cession of their property by persons
nominated to office and desirous of escaping the
burden—as the first-mentioned rescript,
it is quite likely that both formed part of the
emperor's
activities
during his stay at Alexandria and illustrates
the statement of the Historia Augusta that Severus,
while in Egypt, made many alterations in the
laws.
The establishment of Senates in Alexandria and
the nome-capitals of Egypt was one of the innovations
connected with this visit*.
The
end of the inscription on the obverse is not clear,
but probably reads as restored above ; the full
titles of Severus in his eighth year were 'Αραβικος 'Αδιαβηνικος Παρθικος μεγιστος, and
these appear to occur in the abbreviated form ΑΡΑΑΔΙΠΑΡΜΕΓ on
the only other Alexandrian coin—a bronze
one—of
this year of the emperor which has been published
(Dattari, 4009). A possible alternative reading
is ΑΡΑΔΠΑΡΜΕΓ, which is found
on a coin of year 7 at Berlin (Friedländer, Zeits.
f. Numism., Vol. IX, p. 4). Alexandrian coins
of the later years of Severus are very rare, and
those that are known are for the most part in poor
condition; so there is little material for restoring
the legends by comparison. the restriction of the
output of the mint in these years and in the succeeding
reign of Caracalla is rather remarkable ; it has
been suggested that this was due to the enmity
of the emperors toward the Alexandrians*,
but this suggestion does not seem to be quite a
satisfactory explanation. Severus probably regarded
Egypt unfavourably at the beginning of his reign,
since the country had supported his rival Pescennius
Niger in the struggle for empire ; but nearly all
his Alexandrian coins which exist are tetradrachms
belonging to his earlier years, and the issues
practically ceased in the year of his visit to
Egypt, when his interest in its antiquities mentioned
by the chroniclers of the journey might have been
expected to restore it to favour. It is more likely
that he enquired into the economic position of
the country during his visit and found that the
supply of coin was more that sufficient for the
needs ; there had been very large issues a few
years previously under Commodus*.
Severus, as far as can be judged, was a man of
considerable business ability, who would hardly
have directed an unnecessary interference with
the currency of Egypt out of spite against its
inhabitants ; the circumstances of the mintage
under Caracalla will be mentioned in the following
note.
The
figure of Hermes on this coin is almost purely
Greek in treatment, and in this respect the type
is rather exceptional. As a rule, the representations
of deities on the Alexandrian coins show the mixture
of Greek and Egyptian ideas which characterized
the official religion of Egypt under the Ptolemies
and the earlier Roman emperors ; the Hermes usually
appears in the compound form of Hermanubis, crowned
with the modius and carrying the palm-branch which
belonged to the Egyptian side of the conception,
and, in full-length figures, accompanied by the
jackal of Anubis. In the present type the only
Egyptian attribute is the lotus-petal on the god's
head ; the design is almost repeated from a bronze
coin of Marcus Aurelius (Dattari, 3470); and there
are a few other instances where Hermes is similarly
represented in Greek style on coins of Hadrian
and Marcus Aurelius, which show him standing holding
a purse and caduceus, of Gallienus and Claudius
II, where he has the caduceus only, and of Commodus,
on which he is running as the messenger of Olympus.
It should be remarked that there is an adjunct
in the type on this coin which does not appear
to be present in that struck under M. Aurelius
: this is the object on which the right hand of
Hermes rests, and which is probably the tortoise-shell
from which, according to Greek legend, he constructed
the first lyre. There is a rather noticeable tendency
on the part of the Alexandrian die-engravers in
the reign of Caracalla to introduce small variations
into types which had been used previously ; another
instance which may be cited is that of a coin with
the reverse-type of Tyche standing, where the ordinary
scheme has been followed except that a serpent
is coiled round the rudder which the goddess holds
(pl. XXXV, Fig 10)*.
The
tendency in question is probably to be connected
with the fact that the output of the Alexandrian
mint at this time was, as noted above, comparatively
small. It may be stated as a general rule that
when the mint was busy, only a few alternative
types were used, and the dies were roughly executed
; if the officials had not to strike many coins,
they seem to have turned their attention to devising
new types or varying old ones. Furthermore, the
issues of Caracalla were almost entirely bronze
coins of large size, which may be regarded as medallic
in character. The regular coinage of bronze for
purposes of currency at Alexandria virtually ended
in the reign of Marcus Aurelius ; after this time
examples are rare and sporadic, except for the
special outbursts in years 20, 21, and 22 of Caracalla,
10 of Severus Alexander, 5 and 6 of Philip, and
12 of Gallienus. The issues under the three latter
emperors were certainly commemorative in intention,
and those of Caracalla were probably similar. The
execution of the dies for these bronze coins of
Caracalla shows a high level of merit for the period,
and the designs are artistically equal to any others
in the Alexandrian series.
(5) |
A
new reverse-type of Severus Alexander (Pl.
XXXVI, Fig. 1). |
 |
|
Obv.:—ΑΚΑΙΜΑΑΥΡCΕΥΑΛΕΞΑΝΔΡΟCΕΥ.
Bust of Alexander r., laureate, wearing cuirass.
|
|
|
Rev.:—Julia
Mamaea standing r., wearing stephane, long chiton,
and peplos, holding in r. hand sceptre, and on l. model
of gateway with two arches and three towers ; to r.,
L Η.
|
|
23
mm. 11.50 gr. |
|
The
reverse-type of this tetradrachm is of unusual
interest, since no exact parallel to it is to be
found on any other coin struck by the Alexandrian
mint. Representations of buildings—temples, triumphal
arches, and so forth—are common enough ; but they
normally stand alone, or, if any figure is associated
with the building, it is that of the deity to whom
it was dedicated. The nearest approach to the type
under consideration, where the empress is holding
the model of a gateway presumably erected in her
name, is on a bronze coin of Hadrian (Pl. XXXVI,
Fig. 2), which shows the emperor standing before
Sarapis in a temple-portico and placing his hand
on a small shrine inscribed ΑΔΡΙΑΝΟΝ :
this is explained as referring to the dedication
by Hadrian of a building, which bore his name,
connected with the temple of Sarapis at Alexandria. The
probable origin of the representation of Mamaea
holding a model of a gateway may be traced to Asia
Minor, where the type of a Goddess holding a model
of a temple first occurs at Smyrna in the reign
of Domitian ; in the course of the two next centuries
it was frequently repeated at Smyrna and elsewhere.
The goddess represented was not always the same
; at Smyrna it was either Roma (Pl. XXXVI, Fig.
4) or the legendary Amazon Smyrna (Pl. XXXVI, Fig.
5), from whom the city was supposed to have derived
its name. The type has been exhaustively discussed
by B. Pick*,
who regards it as distinctively Asiatic.
The
substitution on the Alexandrian coins of the empress
for the goddess of the Asiatic type is noteworthy.
It may be compared with earlier Alexandrian issues
on which empresses are represented with the attributes
of goddesses—for instance, Messalina and Sabina
as Demeter, Sabina and the elder Faustina as Eusebia.
Another type where Mamaea takes the place of a
goddess occurs on a bronze coin two years later
in date than this tetradrachm, which, not having
been correctly published, may be described in full.
  |
Obv.:—ΑΚΑΙΜΑΡΑΥΡCΕΥΑΛΕΞΑΝΔΡΟCΕΥ.
Bust of Alexander r., laureate, wearing paludamentum
and cuirass, showing back.
|
 |
|
Rev.:—Julia
Mamaea seated l., wearing stephane, chiton,
and peplos, holding on r. hand figure of
Nike r., and in l. sceptre ; to l. palm,
to r. L Ι (Pl. XXXVI, Fig. 3)*.
|
|
Here
the empress is shown in the guise of Athene or
Roma ; unless it is to be supposed that this is
a variant on the common type of the emperor holding
a figure of Nike, in which event this is an instance,
unparalleled on Roman coins, of an empress taking
the place of an emperor in his military capacity.
Such a substitution, however, would not be out
of accord with the actual position of Mamaea in
the administration of her son's empire.
There
is no clue to the identification of the gateway
represented by the model. It was presumably at
Alexandria ; the artists of the mint there do not
seem to have gone outside their own city for subjects,
as all the buildings which figure on their coins
and can be recognised were certainly in Alexandria,
and no types in the series betray any knowledge
of edifices elsewhere in Egypt. But there is no
existing record of any gateway with which this
coin could be connected.
(6) |
An
altered tetradrachm of Aurelian (Pl.
XXXVI, Fig. 6). |
 |
|
Obv.:—ΑΥΤΚΛΔΑΥΡΗΛΙΑΝΟCCΕΒ.
Bust,
apparently female, r., draped wearing stephane.
|
|
|
Rev.:—ΙΑCΟΥΑΒΑΛΛΑΘΟCΑΘΗΝΟΥΑΥΤCΡω.
Bust of Vaballathus r., diademed, wearing paludamentum
and cuirass ; in field L Δ.
|
|
22
mm. 8.37 gr. |
|
This
tetradrachm belongs to a fairly common group of
issues, which were made in the first and second
years of Aurelian in the joint names of that emperor
and Vaballathus. Its special interest lies in the
fact that the bust of Aurelian on the obverse has
been tooled, evidently with the object of converting
it into the likeness of a woman ; and there can
be little doubt that the intention of the person
who did this was to represent Zenobia (Pl. XXXVI,
Fig. 8) will show the extent of the tooling and
the degree of its success.
There
is no reason for doubting that this tooling is
ancient. The coin came to me in a hoard of over
12,000, which had not been cleaned since their
discovery. It may be assumed that the alteration
of the portrait was the work of some enthusiastic
supporter of the Palmyrene cause in Egypt, who
wished to produce a piece which should bear the
likenesses only of the rulers whom he favoured,
in place of one which perpetuated the compromise
between the Roman and Palmyrene parties.
When
Aurelian became emperor in 270 A.D., he had to
deal with the problem of the principality of Palmyra,
which for some years, first under Odaenathus and
then under his widow Zenobia governing in the name
of her son Vaballathus was recognized in Egypt
before the accession of Aurelian ; but in the first
year of Aurelian there are found joint coins of
Aurelian and Vaballathus struck at Alexandria,
as well as those of Aurelian alone ; in the second
year there are beside the joint coins, coins of
Aurelian alone, of Vaballathus alone, and of Zenobia
alone. If these were all issued by the same mint—and
there is no reason to suppose otherwise—the probably
sequence would appear to be that the first coins
were in the name of Aurelian alone ; then at some
point in his first year, he permitted the association
of Vaballathus as his colleague, and the joint
issue began and continued into the second year
; Vaballathus then declared himself independent,
and occupied Egypt, the coinage being in his name
alone or that of his mother ; but before the end
of the second Alexandrian year of Aurelian, the
Roman troops had recovered Egypt and the tetradrachms
once more bore the image and superscription of
the Roman emperor.
This
agrees generally with the chronology of the reign
of Aurelian as stated by Léon Homo*:
he dates the accession of Aurelian in March 270,
the definite assertion of independence by Vaballathus
sometime after 23rd February 271, and the Roman
re-conquest of Egypt about the end of the summer
in the same year. The last event would appear to
have taken place before 29th August 271, the end
of the second Alexandrian year of Aurelian, as
there are coins in his name alone of that year
; and, if it could be assumed that the issues of
the Alexandrian mint went on steadily throughout
the year, a closer date for the various changes
could be obtained from the comparative numbers
of the different types of coins which are found.
This however is rather a large assumption ; but
some statistics may be given for what they are
worth.
In
two hoards covering this period, each containing
some thousands of coins, the numbers were
Year
1. |
Aurelian
alone |
1 |
28 |
Aurelian
and Vaballathus |
101 |
82 |
|
Year
2.
|
Aurelian
and Vaballathus |
154
|
170
|
Vaballathus
alone |
7
|
1
|
Aurelian
alone |
—
|
12
|
These
figures suggest that the period of joint recognition
in each year was a good deal longer than that of
Aurelian alone in either year or that of Vaballathus
alone in the second. But it is quite likely that
the mint, especially when Egypt was in such a disturbed
state as in these years, worked spasmodically,
and it would not be safe to press the argument
from these statistics.
(7) |
A
blundered copy of a tetradrachm of Carinus (Pl.
XXXVI, Fig. 9). |
 |
|
Obv.:—ΑΜΚΑΚΑ ΡΙΝΟCCΕΒ.
Bust
of Carinus r.,
laureate, wearing
cuirass.
|
|
|
Rev.:—ΑΕΤΟC (on
l.). Eagle standing l., looking back, wreath
in beak ; to r., L Γ.
|
|
18
mm. 8.24 gr. |
|
It
may be assumed that this
coin is not an official production
of the Alexandrian mint
; the execution of the dies
falls considerably
below that of the regular
issues of the period, one
of which is illustrated for
comparison
(Pl. XXXVI, Fig. 10) ; and
the obverse legend
is blundered by the transposition
of the second and third letters,
the proper formula
being ΑΚΜΑΚΑΡΙΝΟCCΕΒ.
The most curious point however is in the
legend
of the reverse. There were two varieties
of the eagle type in use in the third year
of Carinus ; in both the attitude of the
eagle was the same, but, while one simply
gave the date with the formula ΕΤΟΥC (on
l.) Γ (to r.) (Pl.
XXXVI, Fig 11), the other had (to r.) the
date in the symbol L Γ and a legend
(on l.) ΛΕΓΒΤΡΑΙ,
marking the eagle as
the standard of the
legion II
Traiana which then garrisoned
Egypt (Pl. XXXVI, Fig.
10). the engraver of
the die
of this coin, presumably
an illiterate person,
seems to have had before
him examples
of both varieties, and,
being unable to understand
the legends, combined
them into a word which
he thought |
he
recognized as descriptive
of the type ;
thus out of { |
ΛΕΓΒΤΡΑΙ |
}
he got ΑΕΤΟC. |
ΕΤΟΥC |
Such
blundered copies of Alexandrian tetradrachms
are rare; this specimen was the only obviously
unofficial piece in a hoard of over 12,500
coins, and there are very few to be found
in any collections. This fact is the more
noteworthy, because, before the Roman conquest
of Egypt, the Ptolemaic coins had been
extensively counterfeited ; plated specimens
of the silver
tetradrachms, and rude imitations of the
bronze pieces, sometimes in lead, are of
frequent occurrence. Further, almost immediately
after the issue of tetradrachms ceased
at Alexandria, forgeries of the Roman coinage
which became the currency of Egypt appear
in large numbers*;
and when a special Egyptian
mintage was resumed
in the Byzantine period
under Justinian,
barbarous copies are
almost as common as
official coins. The probable
explanation
of the absence of forgeries
of the Roman
tetradrachms is that
the purchasing power
of those tetradrachms
was so depreciated
that it was not worth
while to forge them.
A coin is not usually
copied unless it
stands in good repute
; and the reputation
of
the Alexandrian tetradrachm,
more particularly in
the third century A.D.,
was of the worst.
The first issues of
this denomination, in
20 A.D., were seriously
debased ; they
had a maximum weight
of about 13 grammes,
and
contained about 25 per
cent of silver; but
the coinage deteriorated
steadily,
both in size and finess,
until the latest issues,
in the reign of Diocletian,
have a usual
weight of between seven
and eight grammes and
contain mere traces
of silver. Occasionally
there may be found,
mixed up in hoards of
tetradrachms of the
time of Diocletian, specimens
of the small Ptolemaic
bronze coins of the
first century B.C., which
are
in size
and metal value about
equal to the tetradrachms,
and very possibly circulated
with them
as equivalent. As these
bronze coins were issued
originally to represent
ten copper drachms,
that is 1/192 of a silver
tetradrachm*,
this fact shows the extent of the depreciation
of the tetradrachm in the course of three
centuries.
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