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CSNS Signature Sale 3099  5-7 May 2022
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Lot 31157

Starting price: 500 USD
Price realized: 4600 USD
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Ancients
IONIA. Uncertain mint. Ca. 650-600 BC. EL third-stater or trite (14mm, 4.65 gm). NGC AU 5/5 - 4/5. Lydo-Milesian standard. Blank convex surface / Two incuse squares with lines and geometric patterns, side by side. Linzalone LN1007. Well-struck punches on pale flan with light toning.

From the Silas Collection

While the sequence of issues for the earliest electrum coinage is still imperfectly understood, recent discoveries have begun to clarify the picture. It is now evident that the first "coins" were pre-weighed electrum globules of no particular design but conforming to the weight standard prevalent in Ionia and Lydia, a "stater" of about 14 grams and its fractions. Next came pieces bearing simple punch patterns on the "reverse," but with a blank "obverse," as seen here. These were followed quickly by pieces being a series of parallel striations, the first example of something that could be termed an obverse "type." Thus this "typeless trite" issue is among the very first coins struck by any culture.

https://coins.ha.com/itm/ancients/greek/ancients-ionia-uncertain-mint-ca-650-600-bc-el-third-stater-or-trite-14mm-465-gm-ngc-au-5-5-4-5/a/3099-31157.s?type=DA-DMC-CoinArchives-WorldCoins-3099-05052022

HID02906262019

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