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Roma Numismatics Ltd
Auction XII  29 September 2016
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Lot 138

Estimate: 4000 GBP
Price realized: 3400 GBP
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Elis, Olympia AR Stater. 'Hera' mint, 105th Olympiad, 360 BC. Head of Hera left, wearing pendant earring and low stephane ornamented with F-A between palmettes / Eagle with closed wings standing to left; thunderbolt behind, olive wreath around. Seltman 334 (FE/ιρ). 12.05g, 24mm, 6h.

Extremely Fine. Extremely Rare.

Ex P. Gérard Collection, Roma Numismatics VIII, 28 September 2014, lot 246.

In 476 the Greeks convened an arbitration court in Olympia to act as a mediator between their cities in cases of disputes to try to end the inter-city warfare that kept the Greeks divided and fractious. In commemoration of this newly found place at the heart of Greek politics the Eleans erected a massive new temple to Zeus built of marble (which would later house the gold and ivory statue by Phideas). The humble old temple was rededicated to Hera, who had no important cult at Olympia until then. It was in this rededicated temple that the 'Hera mint' coins were supposedly struck.

A substantial coinage was struck for the 105th Olympiad in celebration of the sanctuary of Olympia having been liberated from Arkadian occupation in 363 BC. Master engravers were employed to create dies for both workshops, one of which had been closed since 380 BC. An extremely rare stater struck at the Zeus workshop (see Roma Numismatics IV, 30 September 2012, lot 141) formalises the celebratory nature of the coinage by depicting the nymph Olympia for the first time along with the legend FAΛEIΩN OΛYMΠIA - 'Olympia belongs to the Eleians'.
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