Stater

Miletos was among the earliest Greek cities to adopt coinage, and these electrum staters — struck from the naturally occurring gold-silver alloy sourced from the Paktolos river region — predate any standardized monetary authority. The "var." designations across all three references are expected: early Milesian issues show considerable die-to-die inconsistency in both the incuse punch geometry and surface preparation, making exact matches genuinely rare.

The city's position as the dominant commercial port on the Ionian coast drove the practical need for this denomination before most of the Greek world had committed to coinage at all.