Æ11

Issuer Elaia
Year 340 BC - 300 BC
Type Standard circulation coin
Value
Currency Drachm
Composition Bronze
Weight 1.28 g
Diameter 11.0 mm
Thickness
Shape Round (irregular)
Technique Hammered
Orientation
Engraver(s)
In circulation to
Reference(s) SNG Copenhagen#169-170, SNG Munich 1#386-388
Obverse description Head of Athena facing left, wearing Corinthian helmet
Obverse script
Obverse lettering
Reverse description Grain seed within wreath with the two letters divided by the grain seed
Reverse script Greek
Reverse lettering Ε Λ
Edge
Mint
Mintage ND (340 BC - 300 BC) - -
Numisquare ID 3659620650
Additional information

Historical Context: This Æ11 bronze coin was issued by Elaia, a significant port city in Aeolis, Asia Minor, between 340 and 300 BC. This era marked the transition from Achaemenid Persian influence to the rise of Macedonian power under Alexander the Great, followed by the Diadochi Wars. As the maritime gateway to Pergamon, Elaia maintained civic autonomy, reflected in its right to mint coinage. These small bronzes were vital for local commerce, facilitating daily transactions amidst profound geopolitical shifts.

Artistry: The artistry of this Æ11, typical for late Classical/early Hellenistic fractional bronzes, reflects skilled craftsmanship. While specific engravers are unknown, the stylistic school emphasized naturalism and local iconography. Elaia's coinage often features Athena's head or an olive branch, referencing the city's name or patron deity. The miniature scale (11mm) demanded concise yet recognizable depictions, adhering to established regional traditions.

Technical/Grading: This Æ11 coin (1.28g, 11mm) exhibits variable strike quality common to ancient bronzes. High-points, such as a deity's hair or a symbolic design's central elements, are often susceptible to wear or weak striking. Collectors should prioritize centering, device detail sharpness, and flan integrity. A well-struck example presents clear features, indicating a fresh die and careful production, though minor off-centering is typical for these small, mass-produced issues.

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