DescriptionCoins of Alexander I, B.C. 498-454, Archaeological Museum, Pella (7061131661).jpg
With the possible exception of certain coins struck at Aegae, the old capital of Macedon, with the letters ΑΛ, ΑΛΕ, &c. (Babelon, Traité, II. i. p. 1098), there are no coins of Alexander I of an earlier date than B.C. 480, about which time, by his conquest of the Bisaltae, he made himself master of those prolific mines which are said to have yielded him as much as a talent of silver daily.
This fresh influx of money, and the opening up of a new commercial route from Macedon to the Greek towns of the Thracian coast, by way of the valley of the Strymon, doubtless occasioned the change in standard from Babylonic to Phoenician, which now took place in the Macedonian currency.
The earlier coins of Alexander’s long reign resemble in their rude and forcible style, and frequently also in type, the inscribed octadrachms of the Bisaltae. The specimens assignable to the latter part of his reign are much more refined in style, but as they are frequently without inscriptions it is in many cases impossible to draw a line between these and the coins of his successor Perdiccas.
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