Freeman & Sear - Mail Bid Sale 12 ancient classic artifacts coins numismatic roman greek Enter Search Term (i.e. Keywords, Catalog ID, etc.) Mail Bid Home Page Lot: 166 (click on image to enlarge) CAPPADOCIAN KINGDOM: Ariarathes V. (ca. 163-130 BC). AR drachm (4.03 gm). Diademed head of Ariarathes V right / Athena standing left, holding Nike and resting hand on grounded shield, PAFI monogram in inner left field, MI in exergue. Simonetta pl. 7, 8 (same obverse die). Struck on a broad flan. Toned. Nearly extremely fine Simonetta, Coins of the Cappadocian Kings, p. 12, wrongly condemns a drachm of this type as a forgery. Simonetta was troubled by the letters MI in the exergue, which cannot be interpreted as a regnal date; by the unusual disposition of the diadem ties; and by the broad flan. All of these features separate this issue from the main coinage of Ariarathes V but merely point to its origin at a different mint (the mint of lot 164). Lots 164-186 were issued by Ariarathes Eusebes, the first Cappadocian king to strike drachms and the first to institute the regular production of silver coinage in his kingdom. He was identified as Ariarathes IV (ca. 220-163 BC) by Reinach, and this traditional attribution was vigorously defended in the 1960s and 1970s by Bono Simonetta, against Otto M_rkholm's proposed reattribution to Ariarathes V. The arguments were complex and involved the coinage of many reigns; we consider M_rkholm'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 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 there to himself and his queen; 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. Estimated Value: $ 400 ... Sold for $400 [ approx 328 EUR, 224 GBP ] plus 15% buyers fee. From the Freeman & Sear Mail Bid Sale 12, Closed October 28, 2005. Re-used by permission of Freeman & Sear, www.freemanandsear.com