The Greek Euboea, Chalcis AR drachm from circa 338-271 BC is a classic silver coin weighing about 3.66 grams and measuring 16 mm in diameter. It features on the obverse the head of a nymph facing right, wearing a pendant earring, conveying the city’s local mythological and cultural identity. The reverse shows a flying eagle headed right holding a snake in its beak, with a caduceus (a staff) before it, symbols that combine power, protection, and commerce. The Greek letters ΛA-X indicate the city’s name, Chalcis, a prominent polis on the island of Euboea renowned for its strategic location and political influence in classical antiquity.
This drachm is commonly attributed to the late classical period of Chalcis before Roman dominance. The coin typifies the rich iconography and fine artistry of Hellenic mints, with the eagle and snake motif signifying vigilance and protection, while the caduceus hints at trade and diplomacy.
In terms of market value, an NGC graded VF 4/5 – 4/5 coin recently sold for $216 in a 2025 Heritage Auction, reflecting healthy demand for well-preserved examples in this grade class. Coins of this period and mint enjoy consistent collector interest due to their historical significance, artistic appeal, and moderate market prices relative to earlier classical issues.
Collectors appreciate this drachm for its clear and sharp detail, harmonious design, and the glimpse it offers into the economy and symbolism of a key ancient Greek city. The provenance from The Merrill A. Gibson Collection underscores its quality and collectible stature.
In summary, the Euboea, Chalcis AR drachm ca. 338-271 BC is a historically and artistically significant silver coin weighing 3.66 grams that commands around $200 in very fine condition, celebrated for its mythological obverse and powerful eagle reverse motifs.