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The New York Sale
Auction 40  11 January 2017
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Lot 1081

Estimate: 7500 USD
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ANCIENT COINS, ANCIENT GREEK COINS, Ionia, Uncertain mint. Electrum Stater (14.23 g), ca. 650-600 BC. Lydo-Milesian standard. Flattened and striated surfaces. Rev. Two rough incuse punches separated by a cleft. (cf. Weidauer 5 (trite); Traité I 16 = BMC 1 (Miletos; stater)). Extremely rare. Choice very fine.

The rare striated electrum coins may be included among some of the very earliest coins struck in Western Asia Minor. Since they were included in the famous Artemision deposit near Ephesus they must have been produced shortly before ca. 650-625 BC when the votive deposit was buried. Although the dating of the Artemision deposit has been controversial with proposed dates tending to range from ca. 600 to as late as 560-546 BC, recent study of the architecture and pottery associated with the deposit has shown that this early date in the third quarter of the seventh century BC is to be preferred.

Estimate: $ 7,500
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