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1⁄24 Stater

Issuer Uncertain Ionian city
Year 625 BC - 550 BC
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Reference(s) Linzalone#1144, Traité I#237
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Reverse description Deeply incuse, multi-partite square punch covering the majority of the reverse field, produced by a single composite punch tool that creates four or more raised triangular or pyramidal compartments radiating from a central point in a pinwheel or mill-sail pattern. The incuse impression is boldly struck and irregular in outline, consistent with the early Lydian-Ionian punch technique. No legend, inscription, or figural device is present. The surface exhibits the characteristic rough, faceted texture of archaic electrum coinage struck without a proper anvil die.
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Mintage ND (625 BC - 550 BC)
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Among the earliest coined money produced anywhere in the world, these fractional electrum pieces from Ionia predate the standardized royal coinage of Lydia under Croesus. The issuing city remains unattributed — dozens of small Ionian poleis were striking similar fractions during this period, and without a civic badge or inscription, pinning provenance to a single mint is impossible. The natural electrum alloy varies piece to piece, drawn from Lydian river deposits with no two specimens sharing identical gold-to-silver ratios.

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