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Hemiobol

Issuer Ephesos
Year 550 BC - 500 BC
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Composition Silver
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Reverse description Quadripartite incuse square divided into four recessed triangular sections by a raised cross, the result of a four-pronged punch applied during striking. The incuse is irregular in outline, consistent with archaic hammered technique. No inscription or additional device is present.
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Edge Plain
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Additional information

Ephesos was among the earliest Greek cities to adopt coinage, likely drawing on its position as a major Aegean trading hub and its proximity to Lydian minting traditions. The hemiobol — a fraction so small it was sometimes swallowed by merchants for safekeeping — represents the granular end of a monetary system built around the electrum stater. Switching to silver fractions allowed Ephesos to transact at a scale electrum's high value made impractical.

Rosen 572 places this piece within a tightly argued sequence of early Ephesian fractional silver, distinguished by die linkages rather than visible typological leaps.

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