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Hemidrachm

Issuer Heraia
Year 470 BC
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Composition Silver
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Reverse description The ethnic legend ERA, rendered in archaic Greek retrograde or left-to-right characters, is enclosed within a rectangular incuse compartment defined by two horizontal lines with a row of dots or beads above and below, forming a decorative border. The entire design is set within a deep incuse square, a hallmark of early Greek hammered coinage. The composition is purely epigraphic with no figurative elements.
Reverse script Greek
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Additional information

Heraia was a small Arcadian polis in the upper Alpheus valley, and its coinage is among the earliest from the interior Peloponnese — a region where most communities relied on Corinthian or Aeginetan currency well into the fifth century. That Heraia struck its own silver at all reflects a degree of civic ambition unusual for a town of its modest political weight. The BCD Peloponnesos collection, assembled by a single private collector over decades, remains the definitive reference for this series; institutional holdings rarely match its depth for Arcadian material.

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