Michael III "the Drunkard", 842-867. Solidus (Gold, 20 mm, 4.31 g, 6 h), Constantinopolis, 856-867. IҺSЧS XRISTOS✱ Half-length bust of Christ Pantokrator facing with cross behind, raising his right hand in benediction and holding book of Gospels in his left. Rev. +mIXAHL bASILЄ' Crowned bust of Michael facing, wearing slight beard and loros, holding labarum in his right hand and akakia in his left. DOC 3. SB 1688. Very rare. Somewhat clipped and the flan slightly wavy, otherwise, about extremely fine.
Leu Web Auction 19, 26-28 February 2022, 3332 and previously from a European collection, formed before 2005.
Michael III went down in history as a weak ruler, but his epithet Methysos, 'the Drunkard', does not tell the full story of his reign. Michael ascended to the throne in 842 at the age of just three years, which left the empire in the hands of his energetic mother, Theodora. The queen mother ruled the empire together with the eunuch, Theoktistos, until 856, when Michael's uncle Bardas cloistered her and took over the regency. Bardas appointed the famous scholar, Photios, to Patriarch of Constantinople, with whom he not only enacted a series of important reforms but also made great progress in the Christianization of the Rus, the Slavs, and the Bulgarians, culminating in the baptism of the Bulgarian ruler, Boris I, in 863.
Even more important were the Byzantine successes on the eastern front, where Michael's uncle, Petronas, won an overwhelming victory over the Abbasids in 863 in the Battle of Lalakaon. Later hostile sources have often diminished Michael's role in these events by painting him as a lethargic drunk, but contemporary Arabic sources confirm that the emperor forcefully participated in the military campaigns of the 860s, which eventually laid the foundation for the reconquest of Asia Minor by the Byzantines in the 10th century. Nonetheless, Michael was killed in 867 by his new favorite Basil the Macedonian, who usurped the throne and founded the Macedonian dynasty.