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Roma Numismatics Ltd
Auction XII  29 September 2016
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Lot 315

Estimate: 3000 GBP
Price realized: 4000 GBP
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Satraps of Karia, Pixodaros AV Quarter Stater. Halikarnassos, circa 341/0-336/5 BC. Laureate head of Apollo right / Zeus standing right, holding labrys and sceptre; PIΞΩΔΛPO downwards to right. Cf. Triton XIX, 2057 (hemistater), Konuk, Identities 31 (hemistater) and Traité II 108 (hemistater); cf. SNG Kayhan 897 (twelfth stater). 2.64g, 12mm, 12h.

Near Extremely Fine. Apparently unique and unpublished for this denomination.

This coin, engraved in a beautiful style and clearly by the same hand as the Triton specimen, fills in the missing denominational gap in the only gold series to have been issued by the satraps of Karia, which is otherwise known in 1/2, 1/8, 1/12 and 1/24 stater fractions. Konuk has proposed that the reason for this gold series may have been a shortage of silver, a situation that began under Pixodarus' predecessor, Hidrieus. Given the readily interchangeable values (a twelfth stater would equate to a silver didrachm, thus this quarter stater represents six drachms), the use of gold in this manner would not have proven difficult.
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