1462. MICHAEL III,  with Theodora as Regent. 842-843. AV Solidus (4.32 gm).
Crowned  bust  of  Theodora, wearing  loros,  holding  cross on globe  and
sceptre / Three-quarter length figures of Michael, holding cross on globe,
and his  sister Thecla, holding patriarchal cross  and akakia. DOC III 1a2;
SB 1686. VF, tiny edge scrapes. ($3500)

Solidi of this type are known overstruck on those of earlier emperors, but
this coin was overstruck on a brockage!

Although Michael was termed the "Drunkard", this smear on his name was
perpetuated by Basil to justify his seizure of power. Michael appears as a
conscientious ruler and able military leader; his only (fatal) failing was
that he was too easily swayed by unscrupulous associates.

CNG Mail bid sale #58, 18 Sept 2001, lot 1462.
 
 Lot sold for $3500.

Used by permission of CNG, www.historicalcoins.com