MYSIA, Lampsakos. Circa 394-350 BC. AV Stater (16.5mm, 8.47 g, 1h). Head of maenad left, wearing wreath of ivy, single-pendant earring, and necklace / Forepart of Pegasos flying right within shallow incuse square. Baldwin, Lampsakos 11 var. (unlisted dies); SNG BN –; SNG von Aulock 7393; Gulbenkian 682; Jameson 1438 = Traité II 2556, pl. CLXXI, 23. Minor marks, slight die shift on reverse. EF. Very rare, one of only two in CoinArchives.
From the Gerald F. Borrmann (Northern California Gentleman) Collection. Ex Kovacs XV (1 October 2003), lot 93; Triton II (1 December 1998), lot 411.
Lampsakos depended upon the traffic between the Aegean and the Black Sea and possessed an excellent harbor in a strategic position guarding the eastern entrance to the Hellespont opposite Gallipolis. The city was known to have existed under the name of Pityusa before it received colonists from the Ionian cities of Phokaia and Miletos (Strabo xiii, p. 589). In the sixth and fifth centuries BC, Lampsakos passed successively under Lydian, Persian, Athenian, and Spartan control. Its tribute of twelve talents, as a member of the Delian League, and production of electrum staters in the fifth century BC, attest to its commercial wealth. Following the example and standard of the Persic daric, Lampsakos was the first Greek city to make regular issues of gold coinage, which enjoyed an international circulation from Sicily to the Black Sea. As at Kyzikos, the quality of engraving was very high, and types changed frequently: about forty types were produced in a period of about sixty years. Many of the types featured Chthonic deities, those whose powers came from the earth, such as Demeter and Dionysos.
Description