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Roma Numismatics Ltd
E-Sale 21  31 October 2015
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Lot 330

Estimate: 750 GBP
Price realized: 600 GBP
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Kingdom of Lydia. 'Walwet' (Alyattes II) EL Hekte. Sardes, circa 610-560 BC. Head of roaring lion right, knob on forehead; traces of inscription to right / Double incuse punch. Weidauer 105. 2.37g, 10mm.

Very Fine. Rare.

he Lydians were commercial people, who, according to Herodotus, had customs like the Greeks and were the first people to introduce the use of gold and silver coins, and the first to establish retail shops in permanent locations (Herodotus I, 94). The kingdom reached its zenith during the reign of Alyattes, the fourth Lydian king of the house of Gyges, son of Sadyattes and father of Kroisos. He is seen as the founder of the Lydian Empire and continued the war begun by his father against powerful Miletos, though he was soon obliged to turn his attention towards the Medes and Babylonians. On 28 May 585 BC, during the Battle of Halys fought against Kyaxares, king of Media, a solar eclipse took place; hostilities were suspended, peace concluded, and the Halys fixed as the boundary between the two kingdoms. He proceeded to drive the Cimmerians out of Phrygia, thus securing the trade route with the east. In the west he was able to subdue the Karians, and took several important Ionian cities including Smyrna and Kolophon, enabling him to consolidate a Mediterranean trading outlet.

The earliest electrum coinage of Lydia has been the subject of much scholarly debate and variously attributed to the reigns of Gyges, Sadyattes and Alyattes. In a well thought out article 'KUKALIṂ, WALWET, and the Artemision deposit', in Agoranomia, Studies in Money and Exchange Presented to John H. Kroll, ANS New York 2006, R.W. Wallace not only corrects the reading of the two previously known legends, 'VALVEL' and '..KALIL..', but convincingly demonstrates that the two series, with their several die links, belong to the same period during the reign of Alyattes, datable to about 600 BC. However, Wallace's interpretation of WALWET as the Lydian name of Alyattes is put seriously in doubt by the appearance of the above ALYA issue, a legend much closer to the Hellenized form of Alyattes. WALWET may be connected to the Luwian word 'walwi' (lion) and 'KUKALIṂ' may be translated as 'I am of Kukas'. These legends are probably the names of moneyers, mint-officials or regal titles appertaining to Alyattes.
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