Ancients: , LYDIAN KINGDOM. Croesus (561-546 BC). AR half-stater or siglos (14mm, 5.32 gm). NGC Choice VF 5/5 - 5/5....
LYDIAN KINGDOM. Croesus (561-546 BC). AR half-stater or siglos (14mm, 5.32 gm). NGC Choice VF 5/5 - 5/5. Croeseid standard, Sardes. Confronted foreparts of lion facing right and bull facing left, each with outstretched forelegs / Two square punches side by side, irregular interior surfaces. Rosen 663-665. SNG Kayhan 1025. SNG von Aulock 2877-2879. Ex Gorny & Mosch, Auction 69 (18 November 1994), lot 390. The accession of Croesus to the Lydian throne circa 561 BC ushered in a revolution in the world economy. The most important reform attributed to Croesus was the introduction of a bimetallic coinage in gold and silver--the first precious metal coinage to be minted--augmenting and then replacing the previous electrum issues. The lion had previously been used by Alyattes, and one theory is that this is a dynastic type, with the lion representing Alyattes, and the bull representing his son and successor. The creation of separate gold and silver denominations ranging from a full stater down to 1/96th of a stater was a visionary move that had a major impact on the ancient economy. HID10510052018 © 2024 Heritage Auctions | All Rights Reserved
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LYDIAN KINGDOM. Croesus (561-546 BC). AR half-stater or siglos (14mm, 5.32 gm). NGC Choice VF 5/5 - 5/5. Croeseid standard, Sardes. Confronted foreparts of lion facing right and bull facing left, each with outstretched forelegs / Two square punches side by side, irregular interior surfaces. Rosen 663-665. SNG Kayhan 1025. SNG von Aulock 2877-2879. Ex Gorny & Mosch, Auction 69 (18 November 1994), lot 390. The accession of Croesus to the Lydian throne circa 561 BC ushered in a revolution in the world economy. The most important reform attributed to Croesus was the introduction of a bimetallic coinage in gold and silver--the first precious metal coinage to be minted--augmenting and then replacing the previous electrum issues. The lion had previously been used by Alyattes, and one theory is that this is a dynastic type, with the lion representing Alyattes, and the bull representing his son and successor. The creation of separate gold and silver denominations ranging from a full stater down to 1/96th of a stater was a visionary move that had a major impact on the ancient economy. HID10510052018 © 2024 Heritage Auctions | All Rights Reserved
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