ONE OF LESS THAN 15 KNOWN! MYSIA, Kyzikos. EL Stater (16.16 gms), ca 550-450 BC.

Currency:USD Category:Coins & Paper Money Start Price:10.00 USD Estimated At:2,250.00 - 4,100.00 USD
ONE OF LESS THAN 15 KNOWN!  MYSIA, Kyzikos. EL Stater (16.16 gms), ca 550-450 BC.
1,850.00USD+ (370.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2023 Nov 16 @ 16:16UTC-8 : PST/AKDT
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NGC VF, Strike 2/5 Surface 4/5 *Double Struck. From the famous Siren Collection of Electrum coinage. Ex Joseph Linzalone. Previously only known by a Hekte: c.f Hurter & Liewald I 40 (hekte); Morton & Eden 49 (9 June 2011), lot 241; CNG 111, lot 199; CNG E-459, lot 204; Roma esale 24, lot 154; Heritage 3071, lot 33148; otherwise unpublished. Obverse: Forepart of horse left; to right, tunny diagonally downward; Reverse: Quadripartite incuse square. Most famously, the discovery piece for this type sold in 2014 for $25,000 (Triton XVII, lot #256). Kyzikos, once a bustling trading center, was located in Mysia, situated on the southern shores of the Sea of Marmara in what is now modern-day Turkey. The city's rise to prominence dates back to the 7th century BCE, during which it gained recognition for its prolific coin minting and pottery production. Its historical significance is further underscored by its association with eminent figures like the philosopher Anaxagoras. Throughout its existence, Kyzikos found itself entangled in various conflicts and interactions with neighboring states and major powers, including Persia, Rome, and Byzantium. This rich tapestry of historical connections adds depth to the city's story and its enduring importance in the ancient world. This particular specimen still carries an air of enigma. It is a rarity in the Stater denomination, and what makes it exceedingly rare is its unique double strike. This is a type that rarely surfaces in the market. There are believed to be only 10-15 known examples of this coin type, and unfortunately, many of them are in a state of disrepair. Our example exhibits a fine surface with a softer surface. The electrum is more of a silvery color rather than a gold, whcih contributes to the slightly mutilated planchet upon striking. EXTREMELY RARE.