Egypt. Alexandria. Gallienus, 253-268. Tetradrachm (Billon, 21.5 mm, 11.06 g). Dated RY 1 (= 253/4). Α Κ Π ΛΙ ΟΥ ΓΑΛΛΙHΝΟC CЄB Laureate, draped, and cuirassed bust right. Rev. Elpis advancing left, holding flower and lifting hem of skirt; L A (date) across field. Geissen 2881-2. Dattari-Savio 5198. Emmett 3732. Kellner p. 130, pl. 14, Abb. 17 (this coin). Dark brown patina with traces of red, light porosity. Very Fine. Ex A. K. Collection purchased privately by A. K from Münzen und Medaillen AG, 1970 = Ex CNG 463, 11 March 2020, lot 276. Tetradrachm of splendid preservation, marking the accession to the throne of Gallienus (year 1 = 253-254 A.D.) together with his father Valerianus I. It shows a juvenile portrait of the sovereign on the obverse and on the reverse, Elpis, a smart personification of Hope, distinguished by the flower she is holding in her right hand: hope for a long reign of the new dynasty, which lasted 15 years but ended tragically.