EGYPT.ALEXANDRIA.Augustus 27BC-AD14.AE.40 Drachma. 1st series struck circa 30/28 BC.( 8.72g, 21.1mm, 12h )
( ΘΕΟΥ ΥΙΟΥ ), bare headed bust right of Augustus.
Reverse. (ΚΑΙΣΑΡΟΣ ) ΑΥΤΟΚΡΑΤΟΡΟΣ, eagle standing left on thunderbolt, denominational letter M ( 40 ) behind.
Ref:RPC I. 5002 ( 11 specimens recorded ), Dattari 4, SNG Cop.2, Koln.2, SNG Frankfurt 2-3.
About very fine, small edge split, obverse faint trace of an undertype just above the head of Augustus.
This denomination follows the Ptolemaic dynasty denominational issue of Cleopatra VII Thea.