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1⁄96 Stater
| Issuer | Phokaia |
|---|---|
| Year | 600 BC - 550 BC |
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| Composition | Log in to see details |
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| Diameter | Log in to see details |
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| Technique | Hammered, Incuse |
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| Mint | Phokaia (Ionia) |
| Mintage | ND (600 BC - 550 BC) |
| Additional information |
Phokaia was among the earliest Greek cities to strike coinage, and these fractional electrums — the smallest denominational divisions of the stater — were almost certainly produced to facilitate trade in the city's busy Aegean port rather than for large-scale commerce. The natural electrum alloy sourced from the Lydian river deposits varied in gold-to-silver ratio enough that Phokaian issues were later regulated by agreed fineness standards with neighboring Mytilene under a shared coinage arrangement documented in the fifth century.
At 0.17g, this piece was struck on a blank smaller than a lentil seed.