The Legacy of Alexander the Great and Silver Tetradrachms of Azes: NGC Ancients

Posted by David Vagi, Director of NGC Ancients ….

Demand for “exotic” ancient coins has increased sharply in the last decade. One especially popular type is a silver tetradrachm of the Indo-Scythian King Azes. Samples of this coin and a variety of other ancient coins are being featured in a special eBay event.

ngc ancients holder The Legacy of Alexander the Great  and Silver Tetradrachms of Azes:  NGC AncientsThe Macedonian King Alexander III “the Great” (336-323 B.C.) ranks high among the conquerors in the history of the world. He was hailed a god in his own lifetime, and after his death he was worshipped for centuries. In Roman times his tomb was still a locust of worship, with emperors traveling great distances to gaze upon him even five centuries or more after his death.

Alexander’s most enduring accomplishment was his exportation of Greek culture to the Near East – regions today comprised of many nations, including Iran, Iraq, Afghanistan and Pakistan. He achieved this by leading his Greek army through the region, as far as the border of India, after which he settled at his new court at Babylon. One of his visionary acts was to have his top officers marry women of local nobility at a ceremony at Susa in 324 B.C. to assure that Greeks and their subject peoples forged family ties.

Consequently, a long line of kings who embraced Greek cultural values ruled this region in the centuries after Alexander’s death. Among them were two kings named Azes, who struck beautiful coins showing on their obverse the ruler on horseback and on their reverse a Greek god – usually Zeus, Poseidon or Athena.

These coins are among the most meaningful documents of Alexander’s legacy in the Near East. They are especially interesting for their bilingual inscriptions: “[coin] of the great king of kings, Azes” which occurs in Greek on the obverse and in the local Kharoshthi script on the reverse.

No stronger testament to the legacy of Alexander exists than these coins, for they were issued about three centuries after Alexander’s passing, yet they still betrayed the cultural footprints of the conquering Greeks.

The Azes who appears to have issued these coins ranks among the towering figures who ruled in India and neighboring regions. He capitalized on trade with the West, dominating part of the silk route and reaping the benefits of the traditional trade routes from India. He unified the Punjab and extended his influence over a vast tract of land – a fact which his coins confirm, for they circulated over a very large territory.

Tetradrachms of Azes tend to sell for several hundred dollars in the mid-grade range (generally VF), and high-grade pieces – AU and MS – often command prices at the high end of that range.

To learn more about NGC Ancients we invite you to visit our website. The NGC website also maintains an archive of articles written by the Ancients department on a variety of interesting topics. Some of the article include:

Hadrian’s Travels
Circulating Roman Coinage of A.D. 12: A Look Back
Carthaginians Borrowed Sicilian Coin Designs

For a list of all the Ancients articles, visit the Ancients page of the NGC News Portal.

Posted in: Ancient Coins

About the Author:

NGC was founded in 1987, and for coin grading, its opening heralded the introduction of a new standard of integrity. From the beginning NGC focused on only one objective, a standard of consistent and accurate grading. As NGC has grown to become the leader in third-party grading services, we have maintained a steadfast and uncompromising commitment to this standard. The knowledge, integrity and dedication of NGC's team of grading experts ensures you a level of grading consistency unparalleled among grading services. This record of consistency, built over the years, has helped to foster greater stability throughout the rare coin marketplace.

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