Gemini III, January 9th, 2007 Lot # 223 - Auction is closed.Estimate: US$6000 / Price Realized: US$6250 CAPPADOCIAN KINGDOM. Ariarathes V Eusebes. Silver tetradrachm CAPPADOCIAN KINGDOM. Ariarathes V Eusebes. (Ca. 163–130 BC). Silver tetradrachm (16.80 gm). , Dated regnal year 30 (133 BC). Dated regnal year 30 (133 BC). Diademed head of Ariarathes V right / ÂÁÓÉËÅÙÓ ÁÑÉÁÑÁÈÏÕ, Athena standing left, in extended right hand holding Nike who crowns royal name, left hand resting on grounded shield, spear resting against left elbow, AY monogram in outer left field, ÐÁÖÉ monogram in inner left field, ÐÁÑÕ monogram in outer right field, date Ë in exergue. SNG von Aulock 6263 (same obverse die). Simonetta (Ariarathes IV) p. 12, 2, pl. 1, 12 (same obverse die). Among the finest known. Choice extremely fine. The king who issued this tetradrachm was the first Cappadocian ruler to strike drachms and the first to institute the regular production of silver coinage. He was identified as Ariarathes IV (ca. 220–163 BC) by Theodor Reinach, and this traditional attribution was vigorously defended in the 1960s and 1970s by Bono Simonetta, against Otto Morkholm’s proposed reattribution to Ariarathes V. The arguments were complex and involved the coinage of many reigns; we consider Morkholm’s regnal attributions overall the more plausible, in part because the coinage allotted by Simonetta to Ariarathes V seems unworthy of a king famed for his cultural pretensions. The inauguration of a handsome regular coinage is consistent with the philhellenism of Ariarathes V, who did the following: refounded the cities of Mazaca and Tyana as Greek poleis; presided over the Panathenaic games at Athens; patronized the performing artists’ guild at Athens and established a cult to himself and his queen there; and apparently sponsored Hellenic-style games in Cappadocia. No major historical events can explain the concentration of Ariarathes’ coinage in the last five years of his reign, or his production of tetradrachms in his 29th and 30th regnal years, but it is conceivable that his coinage was connected with festivals, construction of public buildings, and other cultural endeavors. © 2006 Gemini, LLC | Email: info@geminiauction.com ... Lot 223 sold for high bid of $6250 [ $7187.5, or approx 5555.9375 EUR, 3665.625 GBP including the 15% buyers fee.] Re-used by permission of Harlan J Berk (www.harlanjberk.com) and Freeman & Sear (www.freemanandsear.com)