ARSIONE II GOLD OCTODRACHM (MNAIEION) – UNIQUE AND UNPUBLISHED YEAR 30 ISSUE OF AKE – CHOICE VF NGC GRADED GREEK PTOLEMAIC COIN (Inv. 15034)
EGYPT. PTOLEMAIC KINGS. Arsinoe II, died 270/68 BC.
Gold Octodrachm ( Mnaieion ), 27.71 g, 27 mm. Minted at Ake, Year 30 (256/5 BC).
Obv. Veiled head of Arsinoe Philadelphus with horn placed around the ear, wearing diadem and veil, lotus scepter held over shoulder.
Rev. APΣINOHΣ ΦIΛAΔEΛΦOY, double cornucopiae tied by royal diadem, Λ in left field, ΠΤ over Θ in right field.
Unknown and unlisted in CPE and Svoronos, this is the gold emission that was struck alongside silver tetradrachms of the same year (CPE 645=Svoronos 770, bearing the controls ΠΤ over Θ) – see attached CPE listing in red highlight.
NGC graded CHOICE VF, Strike 5/5, Surface 3/5, “ex jewelry”, “unlisted in Lorber, CPE”. Unique, a major new discovery for a gold coin. Its rarity is even more remarkable given that it is only the sixth known octodrachm variety for the entire series minted at Ake – there are only 5 specimens from 3 different years recorded by H. Troxell, “Arsinoe’s Non-Era”, ANS Museum Notes 28 (1983), nos. 32-35 for the mint of Ake-Ptolemais; cf as well CPE 652, highlighted in blue, for year 35 emissions in gold (one of these year 35 octodrachms was sold at NAC 66, 10/17/2012, lot 79, where it realized ca. 150,000 $). The present coin is therefore the sixth known octodrachm for the entire Ake series and unique and unpublished as a year variety.