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Auction 27  22 May 2023
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Lot 1093

Estimate: 8500 CHF
Price realized: 32 000 CHF
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IONIA. Uncertain mint. Circa 650-600 BC. Hemistater (Electrum, 20x16 mm, 7.23 g), Milesian standard, striated type. Flattened striated surface. Rev. Oblong punch between two square punches, all with irregular surfaces. CNG MBS 72, 2006, 748 = CNG MBS 69, 2005, 421 (same reverse punches). Linzalone LN 1027 = Triton XXIII, 2020, 384 = CNG MBS 70, 2005, 271 (same reverse punches). Weidauer Group II (this denomination unlisted). A fine example of one of the earliest coins ever issued. Good very fine.
Acquired from H. J. Berk on 7 October 1997, ex Stack's, June 1997.

When acquired, this coin was described as being 'unique' and most important; and it still is most important! For all intents and purposes this is a coin in the form of a standardised ingot; within a few years the simple striations that appear on the obverse were replaced by full types (like the lions of Lydia) and the irregular incuses were replaced by 'inhabited' ones.
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