Æ Obol

Issuer Olbia
Year 480 BC - 440 BC
Type Standard circulation coin
Value
Currency Drachm
Composition Bronze
Weight 142 g
Diameter 68 mm
Thickness
Shape Round (irregular)
Technique Cast
Orientation
Engraver(s)
In circulation to
Reference(s) HGC 3.2#1880, Anokhin#164
Obverse description Head of Athena left, in crested Corinthian helmet
Obverse script
Obverse lettering
Reverse description Four-spoked wheel; magistrate name in angles.
Reverse script Greek
Reverse lettering Π-A-Y-Σ
(Translation: PAUS)
Edge
Mint
Mintage ND (480 BC - 440 BC) - -
Numisquare ID 2407871160
Additional information

Historical Context: Issued by the ancient Greek city-state of Olbia on the northern Black Sea coast between 480 and 440 BC, this Æ Obol dates to the early Classical period. Olbia was a vital trading emporium. The remarkable size and weight of this bronze coin (142g, 68mm) for an "obol" is highly unusual, reflecting a unique local monetary system. It likely served as a significant piece of internal currency, distinct from smaller silver issues, underscoring Olbia's distinctive economic autonomy.

Artistry: The specific engraver remains anonymous, typical for this era. The coin's design adheres to an Early Classical Greek style, yet incorporates distinct Olbian characteristics, often featuring powerful zoomorphic or anthropomorphic motifs. Given its substantial size, the chosen design would have been rendered with considerable prominence, likely depicting a local emblem such as a sea-eagle, dolphin, or Gorgoneion. This monumental bronze piece transforms the standard Greek "obol" into a bold artistic statement reflective of Olbian identity.

Technical/Grading: This immense bronze flan, weighing 142 grams and measuring 68 millimeters, presented significant technical challenges during production. Strike quality for such large early bronze issues can be variable, often exhibiting off-centering or uneven pressure. Key high-points for grading depend on the specific design, typically including eyes, prominent animal features, or hair details. Preservation of the original surface and patina is crucial, as bronze coins from this period are prone to corrosion and pitting, obscuring fine details.

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