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Leu Numismatik AG
Auction 11  14 May 2022
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Lot 112

Estimate: 20 000 CHF
Price realized: 40 000 CHF
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MYSIA. Uncertain, circa 450-330 BC. Stater (Electrum, 20 mm, 16.00 g), Phokaic standard. Forepart of Pegasos to left; below, spear head to right. Rev. Quadripartite incuse square of windmill pattern with stippled quarters. Triton XIX (2016), 168 (same dies), otherwise unpublished. Of the highest rarity, the second known example. A spectacular coin of exceptional beauty, boldly struck and of wonderful style. A few light marks, otherwise, extremely fine.


Reminiscent of the Lampsakean Pegasos series (see lot 111 above), this coin differs significantly in its heavier weight standard and the fabric of the stippled quarters on its reverse incuse, both of which are much more in alignment with the well-known electrum coinage from Kyzikos. However, the great Mysian trade port always signed its coins with its civic coat of arms, the tunny, whereas we find a spear head below the Pegasos on this coin. The cataloguer of the Triton example described it as an issue from a colony or outpost of Kyzikos, which, though an interesting suggestion, is for now entirely speculative (also, a Kyzikan outpost does not necessarily have to be located in Mysia). The fact of the matter is that we do not know where these two beautiful coins originated, although the spear head symbol does perhaps reflect a military background for the issue.
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