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Home ▸ Catalog ▸ Greek Coins ▸ Geographic - All Periods ▸ Anatolia ▸ Ionia ▸ Archaic ElectrumView Options:  |  |  | 

Archaic Electrum Coinage from Ionia

The earliest dated coin hoard was deposited in the foundation of the Artemision, the temple of Artemis at Ephesos, as an offering during construction, c. 600 B.C. These earliest coins, which included many of the types on this page, were struck from electrum, an alloy of gold and silver. The very earliest coins (sometimes described as proto-coins); were type-less (blank) electrum globules, weighed to a specific standard, with simple square punch marks on one side. After lines cut into the anvil (probably to prevent the blank globule from slipping) were transferred to coin, the obverse design was discovered. Soon, more complex designs were engraved into the anvil (and later into dies) and coinage as we know it was created. Click here to read "From the Origin of Coins to Croesus."


Ionia, c. 600 - 550 B.C.

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As reported by B.V. Head in Chapter 5 of Excavations at Ephesus: The Archaic Artemisia, a coin of this type was one of five coins found in excavations underneath the foundations of the southern wall of the B cella of the Artemisia at Ephesus. The other four coins were lion head and lion paw types. Head wrote these coins must have been deposited during construction of the First Temple (A). Weidauer 145 is the coin found at the Artemisia (= Head Artemisia 79), now at the Arkeoloji Müzesi, Istanbul. The Weidauer coins appear to be struck with the same obverse die.
SH84450. Electrum 1/24 stater, Milesian standard; Weidauer 145 - 146; Head Artemisia p. 86 and pl. 2, 79; cf. SNGvA 1781 (different style); Rosen 287 (same); SNG Kayhan 717 (same), gVF, centered, edge cracks, some die rust (also found on other examples of this type), weight 0.579 g, maximum diameter 6.2 mm, uncertain Ionian mint, c. 600 - 550 B.C.; obverse bridled head and neck of Pegasos left, with top edge of wing visible; reverse four raised squares in a cross pattern within incuse square punch; very rare; $1620.00 (€1441.80)
 


Ionia, c. 600 - 550 B.C.

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In Greek mythology, the Sirens were dangerous creatures, who lured nearby sailors with their enchanting music and voices to shipwreck on the rocky coast of their island. In early Greek art, Sirens were represented as birds with large women's heads, bird feathers, and scaly feet. Later, they were represented as female figures with the legs of birds, with or without wings, playing a variety of musical instruments, especially harps. Later Sirens were sometimes depicted as beautiful women, whose bodies, not only their voices, were seductive.
SH84464. Electrum hemihekte, Unpublished in major references; Naville auction VII (1924), Bement Collection, lot 1435; CNG, Triton XI (8 Jan 2008), lot 253, aEF, tight flan, earthen deposits, weight 1.367 g, maximum diameter 8.8 mm, Ionia, uncertain mint, c. 600 - 550 B.C.; obverse siren standing left; reverse incuse square punch; ex Numismatica Ars Classica, auction 92, part 2 (24 May 2016), lot 1476; this type is not published in the major references but many examples are known from auctions; rare; $1440.00 (€1281.60)
 


Ionia, c. 600 - 550 B.C.

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The referenced Triton XIV coin is similar, but from different dies, and the only other coin of this type known to Forum.
SH84465. Electrum 1/24 stater, Unpublished in references; Classical Numismatic Group, Triton XIV (4 Jan 2011), lot 309 ($1800 plus fees), VF, well centered on a tight flan, edge cracks, weight 0.630 g, maximum diameter 7.1 mm, Ionia, uncertain mint, c. 600 - 550 B.C.; obverse cock standing left; reverse quadripartite incuse square punch; extremely rare; $1350.00 (€1201.50)
 


Ionia, c. 600 - 550 B.C.

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SH84753. Electrum 1/24 stater, Phokaic standard, SNG Kayhan 719, Weidauer -, Rosen -, Traité I -, VF, well centered, die wear, scratches, weight 0.638 g, maximum diameter 6.1 mm, Ionia, uncertain mint, c. 600 - 550 B.C.; obverse boar head left, linear form; reverse incuse irregular roughly square punch; extremely rare; $1200.00 (€1068.00) ON RESERVE


Ionia, c. 650 - 600 B.C., Rough Irregular "Typeless" Type

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Some sales catalogs describe similar coins as the striated type. The roughly parallel lines on the striated type appear to be impressed into the "obverse" by lines cut into the anvil. On this coin, it appears the rough irregular "typeless" surface is simply flattened rough pre-strike features from the raw irregular nugget-like "planchet." Based on the apparent wear on the reverse punch, huge numbers of this type may have been struck. Very few have survived. This is the first example handled by Forum.
SH77378. Electrum 1/24 stater, cf. SNGvA 7768, SNG Kayhan 682, Traité I 14 -15, Weidauer -, Rosen -, VF, weight 0.647 g, maximum diameter 5.7 mm, uncertain Ionian mint, 650 - 600 B.C.; obverse flattened rough irregular "typeless" surface; reverse roughly square incuse pyramidal punch with striated sides, divided roughly in half by a raised irregular line, striated sides and the irregular line appear to be the result of wear; very rare; $970.00 (€863.30)
 


Ionia, c. 650 - 600 B.C., Plain Globular Type

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Mankind's first coin type! Rare and important. This is an example of the very earliest form of coinage; a type-less (blank) electrum globule, weighed to a specific standard, with a simple square punch mark on one side (two or three punch marks on larger denominations). Nine similar electrum pieces were within the famous "Artemision Find" at Ephesus in 1904.
SH84751. Electrum 1/24th stater, SNG Kayhan 678, Weidauer -, Rosen -, SNGvA -, SNG Cop -, VF, bumps, marks, and scratches, reverse struck with a damaged punch (one corner broken), weight 1.129 g, maximum diameter 6.9 mm, uncertain Ionian mint, c. 650 - 600 B.C.; obverse plain globular surface; reverse incuse punch: roughly square pyramid with sides striated from wear; rare; $720.00 (€640.80)
 


Ionia, c. 600 - 550 B.C.

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Unpublished in the standard references but known from auction listings, some of which fail to notice the two "eyes."
SH84755. Electrum hemihekte, 1/12 stater Lydo-Milesian standard; cf. CNG auction (9 Mar 2016), lot 156 (same dies); Elektron I 9 corr.; Weidauer -; Traité I -; SNG Kayhan -, aVF, scratches, weight 1.136 g, maximum diameter 7.8 mm, uncertain Ionian mint, c. 600 - 550 B.C.; obverse plain with to pellets side-by-side on the edge (crude scarab beetle?); reverse irregular six-lobed incuse pattern; very rare; $700.00 (€623.00)
 


Ionia, c. 600 - 550 B.C.

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The referenced coins are not very similar. It might be more appropriate to describe this coin as unpublished but perhaps the pattern is purely random and it is from the same mint and issue as the Kayhan or Von Aulock coin.
SH76827. Electrum 1/24 stater, cf. SNG Kayhan 688, SNGvA 7768, (neither very similar), Weidauer -, Rosen -, Traité I -, Mitchiner ATEC -, Zhuyuetang -, VF, weight 0.710 g, maximum diameter 6.8 mm, uncertain Ionian mint, c. 600 - 550 B.C.; obverse random(?) pattern of shapes and pellets; reverse a roughly square incuse punch with a central pellet surrounded by a random(?) pattern of curved lines; $500.00 (€445.00)
 


Ionia, 625 - 600 B.C., Swastika Pattern Type

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From among the very earliest coins.
SH84475. Electrum hemihekte, 1/24 stater, SNG Kayhan 702, SNGvA 1778, Rosen 365, Traite I 234, Boston MFA 1782 var. (clockwise swastika), Weidauer -, gVF, weight 0.713 g, maximum diameter 7.0 mm, uncertain Ionian mint, 625 - 600 B.C.; obverse raised counterclockwise swastika or square mill-sail pattern; reverse incuse of the same counterclockwise swastika or square mill-sail pattern; $500.00 (€445.00)
 


Ionia, c. 600 - 550 B.C.

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From die wear, we know that many of these early electrum types from Ionia were struck in very large quantities. From the rarity of survivors, we know the vast majority of these earliest coins were melted down and recycled into later coins.
SH84466. Electrum 1/24 stater, Weidauer 122 - 123; SNG Kayhan 708 - 710, Mitchiner ATEC 142, Zhuyuetang -, Traité I -, Rosen -, SNGvA -, VF, dies quite worn, edge splits, weight 0.590 g, maximum diameter 7.1 mm, Ionia, uncertain mint, c. 600 - 550 B.C.; obverse head of lion right, linear form; reverse quadripartite incuse square punch, pellet in center; $400.00 (€356.00)
 







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REFERENCES

Babelon, E. Traité des Monnaies Grecques et Romaines. (Paris, 1901-1932).
Brett, A.B. Catalogue of Greek Coins, Boston Museum of Fine Arts. (Boston, 1955).
Bodenstedt, F. Die Elektronmünzen von Phokaia und Mytilene. (Tübingen, 1981).
Head, B.V. A Catalog of the Greek Coins in the British Museum, Ionia. (London, 1892).
Karwiese, S. Die Münzprägung von Ephesos. I. Die Anfänge: Die ältesten Prägungen und der Beginn der Münzprägung überhaupt. (Cologne/Weimar, 1995)
Karwiese, S. "The Artemisium coin hoard and the first coins of Ephesus," RBN 137 (1991), pp. 1 - 28.
Linzalone, J. Electrum And The Invention of Coinage. (New Jersey, 2011).
Meadows A. & R.W.C. Kan. History Re-Stored: Ancient Greek Coins from the Zhuyuetang Collection. (Hong Kong, 2004).
Mitchiner, M. Ancient Trade and Early Coinage. (London, 2004).
Münzen und Medaillen Deutschland. Sammlung Elektron. Catalog of public auction 7, 20 October 2000. Stuttgart.
Robinson W.S.G., "The Date of the Earliest Coins" in Numismatic Chronicle 16. (1956) 1-8.
Sear, D. Greek Coins and Their Values, Volume 2, Asia and Africa. (London, 1979).
Sylloge Nummorum Graecorum, Denmark, The Royal Collection of Coins and Medals, Danish National Museum, Vol. 5: Ionia, Caria and Lydia. (West Milford, NJ, 1982).
Sylloge Nummorum Graecorum, Deutschland, München Staatlische Münzsammlung, Part 20: Ionien 1: (Frühes Elektron-Priene). (Berlin, 1995).
Sylloge Nummorum Graecorum, Deutschland, Münzsammlung Universität Tübingen, Part 4: Mysien - Ionien. (Berlin, 1989).
Sylloge Nummorum Graecorum, Deutschland, Sammlung Hans Von Aulock, Vol. 1: Pontus, Paphlagonia, Bithynia, Mysia, Troas, Aiolis, Lesbos, Ionia. (Berlin, 1957).
Sylloge Nummorum Graecorum, Finland, The Erkki Keckman Collection in the Skopbank, Helsinki, Part II: Asia Minor except Karia. (Helsinki, 1999).
Sylloge Nummorum Graecorum, Turkey 1: The Muharrem Kayhan Collection. (Istanbul, 2002).
Vickers M., "Early Greek Coinage: A Reassessment" in NC 145 (1985) 1-4.
Waggoner, N.M. Early Greek Coins from the Collection of Jonathan P. Rosen (ANS ACNAC 5). (New York, 1983).
Weidauer, L. Problemeder frühen Elektronprägung, Typos I. (Fribourg, 1975).

Catalog current as of Friday, May 26, 2017.
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Archaic Electrum