Insights

Ancient Greek silver coins highlight Gorny & Mosch auction in Munich

Tetradrachm of Akragas, decadrachm of Syracuse bring mixed results
By , Coin World
Published : 04/25/14
Text Size

Silver coins from ancient Greece are always popular with collectors, and three lots in Gorny & Mosch’s Auction No. 219 of “high quality ancient coins” in Munich inmid-March reflect varied results.

A circa 420 B.C. tetradrachm from Akragas in Very Fine to Extremely Fine condition, realized €18,000 (about $24,975 U.S.), better than the €15,000 ($20,812 U.S.) estimate.

All results named are hammer prices and do not include the buyer’s fees or the value-added tax.

The coin shows a quadriga (or four-horse chariot) with its driver being crowned by a floating Nike (goddess of Victory) on the obverse, while two eagles gorge on a rabbit on the reverse.

This later style coinage, which replaced an earlier reverse design showing eagles and a crab, is among the “most impressive masterpieces of the classical Sicilian coinage,” according to the auction house.

After the city of Akragas was destroyed during a siege in 406 B.C., the coinage was recalled and exchanged, explaining why the late coin types of the city are rare today.

Akragas, perched on the Tyrrhenian Sea on the southern Sicilian coast, was one of the richest and most famous of the Greek colonies of Magna Graecia. Today it is known as Agrigento.

The city-state of Syracuse, in the seas off the coast off the Italian Peninsula, was another center of power issuing renowned coins.

A decadrachm made in the workshop of the die engraver Euainetos around 400 B.C. realized €14,400 (about $19,980 U.S.), less than the €18,000 pre-sale estimate.

Issued under Dionysius, the VF to EF coin shows a quadriga galloping left, Nike crowning the charioteer, on the obverse, with a reverse depicting the head of Arethusa surrounded by four dolphins. Arethusa, the water nymph, was an appropriate symbol for the island.

You are signed in as:null

Please sign in or join to share your thoughts on this story

No comments yet