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Ephesos, Ionia, Phanes, c. 625 - 600 B.C., Ancient Counterfeit Electrum Plate Over Silver
The official coin, of which this is an ancient counterfeit, is known to be among the oldest coins because a hemihekte from the issue was in the famous "Artemision Find" excavated from the foundation of the temple of Artemis at Ephesos. Seven different denominations are linked by the stag type, a common weight standard, and reverse die links. The stag is a symbol of Artemis and thus of Ephesus. The two larger denominations bear the name Phanes, who was likely a prominent citizen of Ephesus, perhaps a despot, a magistrate, or a wealthy money-lender. This coin is undoubtedly one of the very first counterfeit coins. Criminal counterfeiters were evidently a problem from the very beginnings of coinage.SH21112. Fouree electrum plated Hekte (1/6 Stater), cf. Weidauer 35; Traité pl. II, 18; BMC Ionia 4 (official, Ephesos, electrum), VF, electrum over silver, unofficial counterfeiter's mint, weight 1.645g, maximum diameter 9.6mm, after c. 625 B.C.; obverse forepart of stag left, head turned right, three pellets before; reverse incuse square with raised lines; SOLD
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