Nomos 17

IONIA. Ephesos. Phanes, circa 625-600 BC. Trite (Electrum, 14 mm, 4.67 g). ΦΑΝΕΟΣ (retrograde in archaic letters) Stag grazing right, with its body ornamented with a lozenge pattern reminiscent of the filling ornaments found on contemporary East Greek painted pottery. Rev. Two irregular square incuses, each ornamented with raised intersecting lines. ACGC 54. Kraay & Hirmer 585. SNG München 14. Weidauer 40. Very rare, perhaps the best example still in private hands, and a coin of great importance. About extremely fine.

From the collection of the late Dr. L. A. Adams, Triton XIX, 5 January 2016, 2056.

This electrum third stater comes from the first series of coins ever to bear a personal name – here that of an otherwise unknown Phanes. The stag was the totem animal of Artemis, the great goddess of Ephesos: whether Phanes was an actual official of the sanctuary, or just a prominent merchant or banker who was responsible for the coins and who, out of piety, honored the goddess by the type, is unknown.