A really old coin: My new 1/6 stater of King Croesus

Discussion in 'Ancient Coins' started by Orielensis, Oct 1, 2021.

  1. Orielensis

    Orielensis Well-Known Member

    Most people on this board have a different definition of "old" than the general population. This coin, though, is very old even in ancient coin collector terms:
    Bildschirmfoto 2021-10-01 um 11.36.41.png
    Kings of Lydia, under King Croesus, AR ⅙ stater, 565/53–550/39 BC. Obv: confronted foreparts of lion and bull. Rev: two incuse square punches of unequal size. 8–11mm, 1.76g. Ref: Berk 25; SNG Kayhan 1019; Sunrise 13.

    Due to the numismatic importance of this series as well as the mythology surrounding King Croesus, I had wanted an example of this type for my collection for a long time. My coin is a silver 1/6th stater with great detail and attractive black toning that I unfortunately find very hard to photograph.

    Legend often credits Croesus, the last king of Lydia, with the invention of minted money. That certainly is false. Though coinage was indeed invented in Lydia, coins struck from electrum were first introduced in the mid-7th century, abouth 100 years before Croesus' reign. Croesus was the first, though, to mint pure gold coins and introduce a bimetallic monetary system. Croeseid coinage is based on a gold and silver stater. Both staters initially weighed 10.75 g each, though the gold stater was soon reduced to about 8.1g. Silver fractions range from sigloi or half-staters (5.37g) and 1/3 staters (3.58g) to 1/24 staters (0.45g). Ten silver staters were valued at one light gold stater, corresponding to an exchange rate of gold to silver of 1:13.33.

    All of Croesus coins show the same iconic design: The foreparts of a lion and a bull facing each other. Different interpretations of this motif have been proposed: The animals might represent the sun and moon, spring and winter, fertility and strength, Asia Minor and Europe, Lydia and Phrygia, or Zeus and Baal. As of now, none of these interpretations is generally accepted.

    Map_of_Lydia_ancient_times.jpg
    Lydia during the reign of Croesus and before the Persian conquest

    After having been outbid at auction several times, I saw my chance to aquire a Croesus coin when a medium-sized auction house (Teutoburger) offered what I assume to be an estate collection in several large lots. In one of these lots, comprised of 11 Greek silver coins, I spotted a Croeseid fraction accompanied by a 1970/80s auction ticket from the well-known firm Münz Zentrum Albrecht&Hoffmann. I decided to bid high on this lot and won it in the end. That absolutely blew my coin budget for the rest of the year but was totally worth it. To give you a glimpse of what else was in the lot, here is a quick group shot. Expect to see write-ups on some of these coins soon!

    Bildschirmfoto 2021-10-01 um 17.16.59.png

    Please post your own Croeseids or other "really old" coins!
     
    Last edited: Oct 1, 2021
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  3. philologus_1

    philologus_1 Supporter! Supporter

    @Orielensis Beautiful specimen! Helpful write-up! Thanks!

    I have a 1/3rd stater:
    upload_2021-10-1_13-54-13.png
    Date: ca. 540-525 BCE.
    Mint: Lydia, Sardis.
    Denomination: Heavy 1/3rd Stater (Trite); or possibly 1/2 Babylonian shekel.
    Obv.: Forepart of lion facing right, forepart of bull facing left, in confrontation.
    Rev.: No design; dual rectangular incuse punch indention of different size.
    Diameter: 15.6 mm. x 12.7 mm. x 4.6 mm. Weight: 3.94 gr.
    Attrib.: Nimchuk A/B (early period). Rosen 666. SNG Cop 456. BMFA 2071. Berk 24.

    re: The weight of my example...
    Under the Babylonian weight system a shekel weight would be just over 8 grams. As this example weighs 3.94 grams it would be a slightly underweight one-half Babylonian shekel. To this point it is worth noting that the surmised 540-525 BCE dating of this coin would coincide with the Persian entry into Babylon and its economy.
    However, alternatively, this coin may be a 12% overweight example of a one-third stater on the standard Croeseid system. (A thorough research of historical auction listings for this type revealed examples ranged from as low as 2.80 grams to as heavy as 4.08 grams.) Overweight one-third staters of this type have been termed as “heavy” or “massive” and are assigned by some into an early period of one-third stater production.
     
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  4. PlanoSteve

    PlanoSteve Well-Known Member

    Wow, that is very awesome, & the whole lot is fantastic...I like your strategy! :happy::singing:;)

    As for...
    there are people on the US Coins Forum who think 1986 is old! :D:nailbiting:
     
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  5. Terence Cheesman

    Terence Cheesman Well-Known Member

    Kroisos Ar siglos (Half stater) 560-546 BC Obv. Forepart of a lion attacking forepart of a bull. Rv Two square punches. Flattened reverse Sear 3420 5.33 grms 21 mm kroisos1.jpg This coin was struck sometime after the flans were flattened probably before the coin was struck. This procedure occurs sometime during the reign of Kroisos though it is not clear as to when. One can clearly see the difference when comparing my coin with those of @philologus_1 and @Orielensis What is particularly noteworthy is that some of the Electrum Trites of Alyattes have undergone similar treatment suggesting that even after the initiation of the gold and silver coinage by Kroisos the electrum trite continued to be struck.
     
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  6. ambr0zie

    ambr0zie Dacian Taraboste

    That is really OLD even to ancients standards.
    A coin I have from a similar generation but younger
    upload_2021-10-2_0-19-46.png

    IONIA, Phokaia. Circa 521-478 BC. AR Tetartemorion. Head of griffin left / Incuse punch. Cf. SNG Kayhan 514–6 (hemidrachms) and 1428 (diobol). It is possible that this issue may belong to Abdera or Teos, both of which also issued early silver coins with griffins on the obverse.
    0,18 g, 7 mm
     
  7. FitzNigel

    FitzNigel Medievalist

    Nice catch in the lot! The rest of the coins look good too!
     
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  8. Alegandron

    Alegandron "ΤΩΙ ΚΡΑΤΙΣΤΩΙ..." ΜΕΓΑΣ ΑΛΕΞΑΝΔΡΟΣ, June 323 BCE

    Personally, this was a “have to have”!

    [​IMG]
    India - Shakya Janapada
    AR 5-Shana
    6th-5th Century BCE
    25mm x 21mm, 7.05g
    Obv: Central Pentagonal punch plus several banker's marks
    Rev: Blank
    Ref: Hirano Type I.8.29
    19 known.
    Coinage from the Ghaghara Gandak River region
    Minted in the Shakya Janaprada during Siddhārtha Gautama's (Later the Buddha) lifetime while he was prince, and under the authority of his father as King
     
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  9. dougsmit

    dougsmit Member

    Try putting something very small under the lower edge thus tipping the coin up just a little bit so more light bounces back to the camera. Sometimes I am shocked by the difference a very small angle will make.

    Mine is also a 1/6 but rough. I really would like a smoothly worn full stater.
    g71430bb0567.jpg
     
  10. TIF

    TIF Always learning.

    Fantastic coin, @Orielensis! The bull and lion are unusually clear. I'd love to acquire various coins of Croesus but so far have none so instead I'll post a few other oldies.

    [​IMG]
    KINGS OF LYDIA, temp. Ardys - Alyattes
    c. 620s-564/53 BCE
    Electrum trite, 4.8 gm, 13.4 mm. Sardes mint.
    Obv: head of roaring lion right, sun with four rays on forehead
    Rev: two incuse square punches
    Ref: Weidauer Group XV, 64

    [​IMG]
    LESBOS, Mytilene
    521-478 BCE
    EL hekte, 10.5 mm, 2.6 gm
    Obv: forepart of winged boar right
    Rev: incuse head of lion left; rectangular punch behind
    Ref: Bodenstedt Em. 10; HGC 6, 935; SNG von Aulock –; Boston MFA 1678; BMC –

    [​IMG]
    IONIA, Samos
    510-500 BCE
    AR drachm, 13.7 mm, 3.2 gm
    Obv: forepart of winged boar left
    Rev: facing lion scalp with dotted square, within incuse square
    Ref: SNG Cop 1673

    [​IMG]
    MACEDONIA, uncertain
    c. 500 BCE
    AR trihemitetartemorion (trihemiobol), 5 mm, 0.26 gm
    Obv: monkey squatting left
    Rev: round shield or pellet within incuse square
    Ref: "Uncertain Thraco-Macedonian Coins, Part II", Nomismatika Khronika (1998, Tzamalis), 67

    [​IMG]
    IONIA, Klazomenai
    498-494 BCE
    AR drachm, 6.77 gm
    Obv: forepart of winged boar right
    Rev: incuse square, somewhat quadripartite
    Ref: Rosen 563; Jameson 1492; Asyut 615; Traité II 487; SNG Copenhagen 1-2)
    ex NFA MBS (18 October 1990), part of lot 310

    [​IMG]
    IONIA, Klazomenai
    499-494 BC

    AR diobol, 9mm, 1.2 g
    Obv: forepart of winged boar left
    Rev: incuse square
    Ref: Cf. BMC 9-10 (drachm); cf. Traité I 488 (drachm). VF, toned, porous. Very rare with boar left, apparently unpublished as a diobol
     
  11. coin_nut

    coin_nut Well-Known Member

    All I can say is Wow, really neat old coins. I do have some from India area about that old, let me look...600-321 BC pre Mauryan AR karshapana, so called "punch mark" type coin.

    600-321 BC Pre-Mauryan 1 k (13).jpg
     
  12. coin_nut

    coin_nut Well-Known Member

    Another old one, China "ant nose" money, 600-300 BC. Looks to be cast AE, bronze or similar metal.

    600-300 BC CN ant nose.jpg
     
  13. Orielensis

    Orielensis Well-Known Member

    For everyone who didn't already know: Doug gives excellent photography advice. Thanks a lot! Changing the angle by putting a small piece of cardboard under the coin really improved my photography results. Compare this to the picture in the original post:
    Bildschirmfoto 2021-10-03 um 13.35.05.png

    These are all fantastic, but I especially like the Alyattes electrum trite. What a terrific coin! (For those not aware, this series is the direct predecessor to the Croeseid coinage.)

    That's very interesting. I wasn't aware of the difference between flattened and non-flattened flans in this series. Thanks for enlightening me!

    To keep this post visually appealing, I'm adding two more archaic Greek fractions. The first one is probably the most common "really old" coin. My example unfortunately suffers from a snout problem:
    Griechen – Ionien, Milet, 1:12 Stater, Löwenkopf und Stern.png
    Ionia, Milet, AR 1/12 stater, late 6th – early 5th c. BC. obv: forepart of roaring lion l. Rev: stellate pattern in incuse. 9.5mm, 0.85g. Ref: SNG Kayhan 476–482; SNG Copenhagen 955–951. Ex Harlan J. Berk, IL; Ex Frank S. Robinson, auction 106, lot 77.

    And here is a triobol from the Greek mainland that needs better photography:
    Griechen – Phokis, Liga, Triobol.png
    Phokis, Federal Coinage, triobol, ca. 490–485 BC. Obv: frontal bull's head. Rev: head of Artemis r. set diagonally in incuse square, Φ-O[-K-I] around. 13mm, 2.63g. Ref: see BCD Lokris–Phokis 189; see Williams 1972, no. 17.
     
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  14. ambr0zie

    ambr0zie Dacian Taraboste

    My Miletos example of lion with stellate pattern/floral ornament (?) is worn, especially the obverse, but I am not bothered. Especially since the lion is facing right - usually I see them facing left.
    I am still amazed that we can hold in hand coins used 2500 years ago. I didn't know about them in October 2020 for example or I thought their prices are obscene.
    upload_2021-10-3_15-14-20.png


    Ionia. Miletos circa 525-475 BC.
    Diobol AR

    7 mm, 1,07 g

    Late 6th-early 5th century BC. Twelfth stater or diobol Head of roaring lion right. Rev. Star-shaped floral ornament within incuse square. Klein 426-427. SNG Kayhan 468-475. SNG Von Aulock 2082. Sear 3532
     
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  15. kazuma78

    kazuma78 Supporter! Supporter

    Great lot and nice Croesus piece! Here is my fraction, a 1/3 Stater.
    20200710_124007.jpg
     
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