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Showcase Auction 61314  2 Apr 2023
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Lot 21018

Starting price: 1 USD
Price realized: 1300 USD
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Ancients
IONIA. Uncertain mint. Ca. 650-600 BC. EL third-stater or trite (12mm, 4.69 gm). NGC XF 5/5 - 3/5. Lydo-Milesian standard. Uncertain blank type / Two incuse squares with irregular interior surfaces, side-by-side, slightly offset. Linzalone LN1005-1008. Cf. Weidaur 7 (hecte). Cf. SNG Kayhan 673 (hecte). SNG Von Aulock 7762. Warm marigold flan with minor signs of wear for this historic type.

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 or rudimentary "obverse," as seen here. These were followed quickly by pieces displaying 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-12mm-469-gm-ngc-xf-5-5-3-5/a/61314-21018.s?type=DA-DMC-CoinArchives-WorldCoins-61314-04022023

HID02906262019

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