Ancient Gold Coins

Lot 3235    Session 11 (9.30am Thursday)    Ancient Gold Coins

Estimate $400
Bid at live.noble.com.au
SOLD $400

IONIA, Southern Ionia, possibly Miletus, (c.600-550 B.C.), electrum twelfth stater (Lydo-Milesian standard), (1.152 grams), obv. lion's head to left, rev. quadripartite incuse with a dot as centre axis, dots at each end of a cross, (S.3532, cf.NFA Sale VI, 27/2/1979 [lot 281 $600US] = M & M sale 72 6 October 1987 [lot 39]). Good fine/very fine and very rare.

Ex Noble Numismatics Sale 71 (lot 4516). This coinage was struck within the first half century of true coinage and is the successor to the weighed but unmarked electrum nuggets. These crude types evolved almost immediately although attempts to identify the mint of this coinage are mostly conjectural. However this weight standard is common to Miletus and Lydia and sometimes called 'Phoenician' which circulated in southern Ionia and Caria. Several other examples have been sold in recent times. The NFA example above is from similar if not the same dies as our coin.