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Latest Articles
The Value of a Denarius in the Roman Empire: Wages and Purchasing Power
The denarius was a key currency in the economy of the Roman Empire, used for several centuries from...
Highlights
Classical Numismatic Group, LLC - Triton XXVIII – Sessions 1-4 . 236
ARKADIA, Pheneos. Circa 360-350/40 BC. AR Stater (25mm, 11.95 g, 2h). Head of Demeter to right, wearing grain wreath, elaborate disc and crescent earring with pendants, and pearl necklace / Hermes, nude but for his petasos and for a cloak over his shoulders, partially facing and moving to the left, holding a kerykeion in his right hand; his head is turned back to right to gaze at the infant Arkas, whom he holds on his left arm with his left hand and who raises his right hand towards Hermes’ face; Θ between Hermes’ legs, ΦΕ-ΝΕ-ΩΝ around lower right edge. Schultz 2 (V2/R1); BCD Peloponnesos 1615 (same dies); HGC 5, 975; Boston MFA 1266 (same dies); Du Chastel 243 (same dies). Toned, trace deposits on reverse. Choice EF. Very rare. A magnificent, sharply struck coin of great freshness and beauty, one of the finest known examples.
From the Columbus Collection. Ex Cabinet W (Triton XV, 3 January 2012), lot 1013, purchased privately from the BCD Collection in 2005.
The stater coinage of Pheneos was likely a rather limited series, being struck from only three obverse and seven reverse dies, with the first obverse die breaking almost immediately. These coins were probably created to pay mercenaries in the tumultuous years around 360 BC, when war raged across Greece. The beautiful, artistic style and fine engraving highlights the civic pride that was core to the design and production of classical Greek coinage. Here, the head of Demeter is rendered in particularly elegant style, accentuated by the remarkable strike and preservation of the present example. On the reverse, the figure of Hermes with the infant Arkas is reminiscent of the famous Hermes of Praxitiles, carved around 343 BC in nearby Olympia.
From the Columbus Collection. Ex Cabinet W (Triton XV, 3 January 2012), lot 1013, purchased privately from the BCD Collection in 2005.
The stater coinage of Pheneos was likely a rather limited series, being struck from only three obverse and seven reverse dies, with the first obverse die breaking almost immediately. These coins were probably created to pay mercenaries in the tumultuous years around 360 BC, when war raged across Greece. The beautiful, artistic style and fine engraving highlights the civic pride that was core to the design and production of classical Greek coinage. Here, the head of Demeter is rendered in particularly elegant style, accentuated by the remarkable strike and preservation of the present example. On the reverse, the figure of Hermes with the infant Arkas is reminiscent of the famous Hermes of Praxitiles, carved around 343 BC in nearby Olympia.
Classical Numismatic Group, LLC - Triton XXVIII – Sessions 1-4 . 622
The Republicans. Brutus. Late summer-autumn 42 BC. AR Denarius (17.5mm, 3.75 g, 12h). Military mint traveling with Brutus and Cassius in western Asia Minor or northern Greece; L. Plaetorius Cestianus, magistrate. Bare head of Brutus right; BRVT above, IMP to right, L • PLAET • CEST around to left / Pileus between two daggers pointing downward; EID • MAR below. Crawford 508/3; Campana, Eid Mar 40-1 (O2/R13); Cahn 13a-b; CRI 216; Sydenham 1301; RSC 15; BMCRR East 68-70; Kestner –; RBW –. Toned, with hints of iridescence, minor marks and scratches, scrapes on obverse, banker’s mark on reverse. Good VF. Very rare. The most famous of all Roman coins. This coin not plated in Campana.
From the Collection of a Connoisseur Classicist, purchased from from Numismatica Ars Classica, early 1990’s.
Surely the most iconic and important coin associated with an event in ancient history, this denarius pointedly commemorates the assassination of Julius Caesar by depicting the perpetrator of the act (Brutus), by naming the date of the act (EID[ibus] MAR[tiis], and by displaying the instruments of the act (daggers) between the reason for the act (the pileus [freedman’s cap] as a symbol of liberty). Though many senators plotted against Caesar and are collectively represented by the two daggers, the portrait of Brutus alone emphasizes his primary role in the conspiracy.
The only securely identified portraits of Brutus occur on coins inscribed with his name; all others, whether on coins or other artifacts, are identified based on the three issues inscribed BRVTVS IMP (on aurei) or BRVT IMP (on denarii). A careful study of Brutus’ portraits by S. Nodelman segregates these inscribed portraits into three main categories: a ‘baroque’ style portrait on the aurei of Casca, a ‘neoclassical’ style on the aurei of Costa, and a ‘realistic’ style on the ‘EID MAR’ denarii, which Nodelman describes as “the soberest and most precise” of all.
From the Collection of a Connoisseur Classicist, purchased from from Numismatica Ars Classica, early 1990’s.
Surely the most iconic and important coin associated with an event in ancient history, this denarius pointedly commemorates the assassination of Julius Caesar by depicting the perpetrator of the act (Brutus), by naming the date of the act (EID[ibus] MAR[tiis], and by displaying the instruments of the act (daggers) between the reason for the act (the pileus [freedman’s cap] as a symbol of liberty). Though many senators plotted against Caesar and are collectively represented by the two daggers, the portrait of Brutus alone emphasizes his primary role in the conspiracy.
The only securely identified portraits of Brutus occur on coins inscribed with his name; all others, whether on coins or other artifacts, are identified based on the three issues inscribed BRVTVS IMP (on aurei) or BRVT IMP (on denarii). A careful study of Brutus’ portraits by S. Nodelman segregates these inscribed portraits into three main categories: a ‘baroque’ style portrait on the aurei of Casca, a ‘neoclassical’ style on the aurei of Costa, and a ‘realistic’ style on the ‘EID MAR’ denarii, which Nodelman describes as “the soberest and most precise” of all.
Classical Numismatic Group, LLC - Triton XXVIII – Sessions 1-4 . 387
EGYPT, Pharaonic Kingdom. Nektanebo II. 361-343 BC. AV Stater (17mm, 8.31 g, 10h). Horse prancing right / Hieroglyphic representation of “good gold”: pectoral necklace (nebew = “gold”) crossing horizontally over a windpipe and heart (nefer = “good”). FF-BD 4b (D2/R2) = H. W. Müller & E. Thiem, Gold of the Pharaohs (Cornell UP, 1999), p. 49, figs. 86–87 (this coin); SNG Copenhagen 1 (same rev. die); ACGC 1064 (same rev. die); BM inv. 1954,1006.1 = Jameson 2618 (same obv. die); Zhuyuetang 121 (same rev. die). In NGC encapsulation 5771748-001, graded XF★, Strike: 3/5, Surface: 5/5.
Ex Edward H. Merrin Collection; Eberhard Thiem Collection; Sotheby’s Geneva (with Roland Michel, 11 November 1990), lot 42; Hans Wolfgang Müller Collection, sold to a private German collector, 1968 (attested by E. Thiem, in correspondence with Samuel Merrin [inlcuded with lot]).
One of the great (and very popular) rarities for ancient gold coinage collectors is the gold stater (or daric?) issued by the Egyptian Pharaoh Nektanebo II. The authors of the die study cited above could account for only 42 examples struck from 3 obverse and 3 reverse dies with 5 die combinations. They also listed 5 examples from the Mit Rahineh hoard (IGCH 1658) that they could not examine for their die study. The attribution to Nektanebo II is based primarily on circumstantial historical evidence and not the coins themselves, which do not bear any specific ethnic or monogram.
Nekht-har-hebi, or Nektanebo II as he was known to the Greeks, was the nephew of the Pharaoh Tachos (Djedhor). Placed in command of the Egyptian army in Syria during the Satrapal Revolt, he turned his troops against his own king, and uncle, and took Egypt by force. In 351-350 BC, he repelled a Persian invasion but was driven from his throne in 344-343 by a second assault. He then fled Egypt and found refuge in Ethiopia and retained control of Upper Egypt for another few years.
Nektanebo most likely would have issued his gold staters to pay the mercenaries in his army. What makes the coinage of Nektanebo stand out is the adoption of a purely Egyptian design. This is the only known ancient coinage to employ a hieroglyph – a purely Egyptian coin.
Ex Edward H. Merrin Collection; Eberhard Thiem Collection; Sotheby’s Geneva (with Roland Michel, 11 November 1990), lot 42; Hans Wolfgang Müller Collection, sold to a private German collector, 1968 (attested by E. Thiem, in correspondence with Samuel Merrin [inlcuded with lot]).
One of the great (and very popular) rarities for ancient gold coinage collectors is the gold stater (or daric?) issued by the Egyptian Pharaoh Nektanebo II. The authors of the die study cited above could account for only 42 examples struck from 3 obverse and 3 reverse dies with 5 die combinations. They also listed 5 examples from the Mit Rahineh hoard (IGCH 1658) that they could not examine for their die study. The attribution to Nektanebo II is based primarily on circumstantial historical evidence and not the coins themselves, which do not bear any specific ethnic or monogram.
Nekht-har-hebi, or Nektanebo II as he was known to the Greeks, was the nephew of the Pharaoh Tachos (Djedhor). Placed in command of the Egyptian army in Syria during the Satrapal Revolt, he turned his troops against his own king, and uncle, and took Egypt by force. In 351-350 BC, he repelled a Persian invasion but was driven from his throne in 344-343 by a second assault. He then fled Egypt and found refuge in Ethiopia and retained control of Upper Egypt for another few years.
Nektanebo most likely would have issued his gold staters to pay the mercenaries in his army. What makes the coinage of Nektanebo stand out is the adoption of a purely Egyptian design. This is the only known ancient coinage to employ a hieroglyph – a purely Egyptian coin.
Classical Numismatic Group, LLC - Triton XXVIII – Sessions 1-4 . 93
SICILY, Syracuse. Dionysios I. 405-367 BC. AR Dekadrachm (34.5mm, 42.91 g, 12h). Reverse die signed by Euainetos. Struck circa 405-390 BC. Charioteer, wearing long chiton, holding kentron in extended right hand and reins in left, driving fast quadriga left; above, Nike, wearing long chiton, flying right, crowning charioteer with wreath held in her extended hands; below heavy exergual line, [military harness], shield, greaves, cuirass, and crested Attic helmet, all connected by a horizontal spear; [A]ΘΛA below / Head of Arethousa left, wearing wreath of grain ears, triple-pendant earring, and pearl necklace; ΣΥ-ΡΑ-ΚΟ-ΣΙΩ[Ν] behind hair, four dolphins swimming around, EY-AINE along lower edge. Gallatin dies R.IV/C.XII; Scavino 11; HGC 2, 1299; SNG ANS 366 = Ward 295 (same dies); Dewing 884 (same dies); de Luynes 1250 (same dies); Gillet 658 (this coin). Magnificent deep old cabinet tone, with golden hues around the devices, small die break on obverse. EF. Boldly struck, well centered, and lacking the usual die rust. One of the finest specimens of this iconic issue.
Ex Leu 50 (25 April 1990), lot 69; Charles Gillet (†1972) Collection, 658. Likely from the 1890 Santa Maria di Licodia Hoard (IGCH 2123).
The dekadrachms of Syracuse are widely and properly considered to rank among the most beautiful coins ever produced, but seldom do we encounter a surviving example that is as deeply struck, attractively toned and well-preserved as this specimen. Even more importantly, very seldom in the present day market can a dekadrachm be traced to the very spot and time it was rediscovered after spending more than two millennia in the ground. Such is the case with this spectacular Euainetos dekadrachm, which was part of a remarkable find on Sicily at Santa Maria di Licodia on the slopes of Mount Etna in 1890. Consisting of at least 81 coins, the trove contained no less than 67 Syracusan dekadrachms of the Kimon and Euainetos type. No less an archeologist than the renowned Sir Arthur Evans wrote an account of the treasure’s finding in the 1891 edition of Numismatic Chronicle (pp. 213–7). His marvelous account is worth quoting at length: “In January of last year [1890] a peasant digging in his plot of land at Santa Maria di Licodia, a small town that lies on the Westernmost spurs of Etna, found a pot containing over eighty silver coins, no less than sixty-seven of which were Syracusan dekadrachms or pentekontalitra. According to the account given to me, the deposit lay beneath a layer of lava. The coins were at once taken into Catania, where I saw them a few days afterwards, and was fortunate enough not only to be able to take down a summary record of the contents, but secure at least temporary possession of some of the most interesting specimens. A portion of the coins, perhaps owing to the action of the lava, had suffered considerably ... There were, however, among them about a score of ‘medallions’ in really brilliant condition....” The coins were quickly dispersed, many via Spink & Sons, which sold them via auction and private treaty into several notable collections, including those of John Ward, who later bequeathed them to J. P. Morgan and, through him, to the Metropolitan Museum of Art; Arthur S. Dewing, whose collection now resides at Harvard; Calouste Gulbenkian, which is now housed at the Gulbenkian Museum in Lisbon, Portugal. Due to the circumstances of the burial of the hoard, the coins all have a distinctive appearance, similar to that of the Boscoreale Roman aurei. Although no full inventory of the find was produced, the present coin has this distinctive appearance, and therefore likely is from the hoard.
Ex Leu 50 (25 April 1990), lot 69; Charles Gillet (†1972) Collection, 658. Likely from the 1890 Santa Maria di Licodia Hoard (IGCH 2123).
The dekadrachms of Syracuse are widely and properly considered to rank among the most beautiful coins ever produced, but seldom do we encounter a surviving example that is as deeply struck, attractively toned and well-preserved as this specimen. Even more importantly, very seldom in the present day market can a dekadrachm be traced to the very spot and time it was rediscovered after spending more than two millennia in the ground. Such is the case with this spectacular Euainetos dekadrachm, which was part of a remarkable find on Sicily at Santa Maria di Licodia on the slopes of Mount Etna in 1890. Consisting of at least 81 coins, the trove contained no less than 67 Syracusan dekadrachms of the Kimon and Euainetos type. No less an archeologist than the renowned Sir Arthur Evans wrote an account of the treasure’s finding in the 1891 edition of Numismatic Chronicle (pp. 213–7). His marvelous account is worth quoting at length: “In January of last year [1890] a peasant digging in his plot of land at Santa Maria di Licodia, a small town that lies on the Westernmost spurs of Etna, found a pot containing over eighty silver coins, no less than sixty-seven of which were Syracusan dekadrachms or pentekontalitra. According to the account given to me, the deposit lay beneath a layer of lava. The coins were at once taken into Catania, where I saw them a few days afterwards, and was fortunate enough not only to be able to take down a summary record of the contents, but secure at least temporary possession of some of the most interesting specimens. A portion of the coins, perhaps owing to the action of the lava, had suffered considerably ... There were, however, among them about a score of ‘medallions’ in really brilliant condition....” The coins were quickly dispersed, many via Spink & Sons, which sold them via auction and private treaty into several notable collections, including those of John Ward, who later bequeathed them to J. P. Morgan and, through him, to the Metropolitan Museum of Art; Arthur S. Dewing, whose collection now resides at Harvard; Calouste Gulbenkian, which is now housed at the Gulbenkian Museum in Lisbon, Portugal. Due to the circumstances of the burial of the hoard, the coins all have a distinctive appearance, similar to that of the Boscoreale Roman aurei. Although no full inventory of the find was produced, the present coin has this distinctive appearance, and therefore likely is from the hoard.