Obol

Issuer Perrhaiboi
Year 450 BC - 430 BC
Type Standard circulation coin
Value Obol (⅙)
Currency Drachm
Composition Silver
Weight 0.86 g
Diameter
Thickness
Shape Round (irregular)
Technique Hammered, Incuse
Orientation
Engraver(s)
In circulation to
Reference(s) BCD Thessaly I#1242, SNG Copenhagen#195
Obverse description Bridled horse with trailing rein cantering to left
Obverse script
Obverse lettering
Reverse description Athena Itonia running to right, holding spear and shield. All within shallow incuse square
Reverse script Greek
Reverse lettering Π Ε Ρ Α
Edge
Mint
Mintage ND (450 BC - 430 BC) - -
Numisquare ID 4113846830
Additional information

Historical Context: This silver obol, issued by the Perrhaiboi between 450 and 430 BC, emerges from a period of dynamic political and economic activity in ancient Thessaly. The Perrhaiboi were a confederation of tribes or cities in northern Thessaly, maintaining a degree of autonomy despite the influence of larger regional powers. The issuance of coinage, particularly small denominations like the obol, underscores their participation in a monetized economy and their need for local currency to facilitate daily transactions, reflecting a stable civic administration during the early Classical Greek era.

Artistry: While no specific engraver is attributed to this diminutive piece, its artistry belongs to the Early Classical Greek stylistic school. Designs on Perrhaibian coinage often featured a horse, a motif emblematic of Thessaly's renowned cavalry and equestrian culture. For an obol, the obverse typically depicts a compact, spirited horse's forepart, sometimes prancing, executed with a blend of naturalism and the stylized conventions necessary for such a small flan. The reverse often features a simpler device or ethnic abbreviation, characteristic of the period's smaller issues.

Technical/Grading: Weighing 0.86 grams, this silver obol typically exhibits characteristics common to small ancient denominations. Key high-points for wear or strike weakness on a horse motif would include the horse's head, mane, and the definition of its foreleg musculature. Technical strike qualities often show variability; centering can be off-flan, and the strike pressure might not always bring up all design elements fully, particularly on the reverse. Planchet preparation could also be less refined than on larger, more prestigious issues.

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