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Auction 22  22 Jun 2021
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Lot 174

Estimate: 30 000 CHF
Price realized: 30 000 CHF
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IONIA
Ephesos. Phanes, circa 625-600 BC. Trite (Electrum, 14 mm, 4.72 g). ΦΑΝΕΟΣ (retrograde in archaic letters) Stag grazing to right, with its body ornamented with a lozenge pattern reminiscent of the filling ornaments found on contemporary East Greek painted pottery. Rev. Two irregular square incuses, each ornamented with raised intersecting lines. ACGC 54. Fischer-Bossert Phanes 6h (this coin). Kraay & Hirmer 585. SNG München 14. Weidauer 40. Very rare. Lightly toned and very clearly struck - a wonderful example. Good very fine.

Selections from an Important American Collection. Ex Gemini XIII, 6 April 2017, 65, and from the collection of Jonathan Rosen as of 2012.
This electrum third stater comes from the first series of coins ever to bear a personal name – here that of an otherwise unknown Phanes. The stag was the totem animal of Artemis, the great goddess of Ephesos: whether Phanes was an actual official of the sanctuary, or just a prominent merchant or banker who was responsible for the coins and who, out of piety, honored the goddess by using her familiar animal as the type, is unknown.
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