Ancient Greek Coins

The first Ancient Greek Coins appeared in Aegina around 600 BCE and were amongst the first coins ever minted by a western civilization. Their design tells the story of a fascinating civilisation. A society that minted coins to celebrate outstanding individuals, gods, and religious practices, as well as ancient international relations. Examples are the Alexander the Great coin, the Athenian Owl, and the Obol, just to name a few.

What were Ancient Greek Coins Called?

The coins of Ancient Greece, as well as modern-day Greece pre-euro, were called Drachma. The denominations used in the old city-states of Greece, differ from city-state to city-state (polis) and derive from the weights for gold and silver merchants used to trade goods. To make matters worse, the weights used also differed from era to era. And as you may know, their coinage went through 4 different periods: the Archaic, the Classical, the Hellenistic, and the Roman. So here too, there are substantial differences coin collectors need to be aware of.

So in the name of keeping things simple for newbie coin collectors, we are going to use the Attic standard to answer this question. As it was the most popular weight standard in the Greek world, due to the power and influence of Athens across the ancient world.  In this standard, the Drachm is the base, divided by obols with a sixth of the value.

Starting from largest to smallest, the denominations of Greek coins were as follows:

  • Dekadrachm – ratio of 10
  • Tetradrachm – ratio of 4
  • the Drachm – ratio 1
  • Tetrobol – ratio of 2/3
  • Triobol/Hemidrachm – ratio of 1/2
  • Diobol – ratio of 1/3
  • Trihemiobol – ratio of 1/4
  • Obol – ratio of 1/6
  • Tritartemorion  – ratio of 1/8
  • Hemiobol – ratio of 1/12
  • Trihemitartemorion – ratio of 1/16
  • Tetartemorion –  ratio of 1/24

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Alexander_Great_Tetradrachm_GF_obv

Alexander Great Tetradrachm GF

Alexander the Great (336-323 BC), Silver Tetradrachm (25mm) in Good Fine Condition. Obverse: Head of Alexander as Herakles wearing lion-skin head-dress. Reverse: Zeus enthroned holding eagle and sceptre. Good Fine Condition. PHOTOGRAPH IS REPRESENTATIVE OF COIN SUPPLIED.
£195.00
Alexander_the_Great_Silver_Drachm_obv

Alexander the Great (336-323 BC), Silver Drachm

Silver drachm coin minted by Alexander the Great (336-323 BC). Obverse: Head of Herakles wearing lion-skin head-dress. Reverse: Zeus enthroned holding eagle and sceptre. Very Fine Condition Actual size of coin varies between 15-17mm diameter PHOTOGRAPH IS REPRESENTATIVE OF COIN SUPPLIED
£185.00
Attica_Athens_Ca_431-393 B.C. AR_Tetradrachm_AOE_obv

Attica, Athens. Ca. 431-393 B.C. AR Tetradrachm. AOE. About Extremely Fine

Attica, Athens. Ca. 431-393 B.C. AR Tetradrachm. Helmeted head of Athena right / Owl standing facing, olive sprig with crescent moon to left & 'AOE' to right. About Extremely Fine & Scarce. Made using the silver from the mines of Laurion during the Peloponnesian War. A Classic coin everyone knows. PHOTOGRAPH IS REPRESENTATIVE OF COIN SUPPLIED.
£1,100.00
Attica_Athens_Ca_431-393_B.C_AR_Tetradrachm_AOE_obv

Attica, Athens. Ca. 431-393 B.C. AR Tetradrachm. AOE. About Extremely Fine (test cut)

Attica, Athens. Ca. 431-393 B.C. AR Tetradrachm. Helmeted head of Athena R. / Owl stg. facing with olive sprig, crescent moon to L. & 'AOE' to R. About Extremely Fine with ancient test cut on reverse, Scarce. PHOTOGRAPH IS REPRESENTATIVE OF COIN SUPPLIED.
£795.00
Picture of Boeotia, Thebes. Ca. 363-338 B.C. AR Stater. offstruck obverse.

Boeotia, Thebes. Ca. 363-338 B.C. AR Stater. offstruck obverse.

Boeotia, Thebes. Ca. 363-338 B.C. AR Stater. Boeotian shield / Amphora, monograms to L. About Very Fine, offstruck obverse & Scarce.
£395.00
Cilicia, Kelenderis. Ca. 450-400 B.C. AR Stater_obv

Cilicia, Kelenderis. Ca. 450-400 B.C. AR Stater.

Cilicia, Kelenderis. Ca. 450-400 B.C. AR Stater. Nude ephebe L. dismounting from horse at the gallop in a calpe or anabates race / goat crouching L., head to R. Very Fine & Scarce.
£425.00
Cilicia_Mallos_Ca_440-390 B.C._AR_Stater_obv

Cilicia, Mallos. Ca. 440-390 B.C. AR Stater.

Cilicia, Mallos. Ca. 440-390 B.C. AR Stater. Bearded & winged male deity (Kronos?) in kneeling-running stance to right, holding solar disc with both hands / 'MA?' swan standing left, with wings uplifted. About Very Fine, archaic & Scarce. Mallos had an oracle where people would dream in the temple to receive the gods instructions. The Swan is most likely for Apollo.
£725.00
Picture of Crete, Rhaukos, Silver Stater, 350-330 B.C. VF

Crete, Rhaukos, Silver Stater, 350-330 B.C. VF

Silver Stater from Rhaukos, Crete dating from ca.350-330 B.C. (S.3374) Very Fine
£850.00
Cyprus_Kition_Azbaal_Ca. 449-425 B.C. AR Stater_obv

Cyprus, Kition. Azbaal - Ca. 449-425 B.C. AR Stater.

Cyprus, Kition. Azbaal - Ca. 449-425 B.C. AR Stater. Herakles in fighting stance right wearing lion skin & holding bow with club overhead / Lion attacking (from behind) a stag, facing right, inside dotted border within incuse square. Obverse struck from worn die as usual for these, Very Fine & Rare. Made during the time of Persian rule on Cyprus. The founder of Stoicism, Zeno, was from this city.
£495.00
Picture of Drachm of Ariobarzanes III Very Good

Drachm of Ariobarzanes III Very Good

Ariobarzanes III of Cappadocia was one of the last of the true Greek kings. He had the surnames ‘Eusebes Philorhomaios’ meaning ‘Pious and Friend of the Romans’. He earned this as the Roman senate helped put him on the throne about 52 B.C., just before the huge Roman civil war between the Senate, under Pompey the Great, and Julius Caesar. Repaying this he supported Pompey and the Roman Senate against Julius Caesar but when it was obvious that Caesar would win he switched sides to survive. Eventually, though this ‘treachery’ caught up with him! In 42 B.C. he was killed by one of Caesar's assassins, Gaius Cassius Longinus, for being fed up and refusing to allow more Romans to interfere in his kingdom. We offer a Silver Drachm from Cappadocia of Ariobarzanes III. They grade Very Good and show his head on the obverse with Athena holding Nike on the reverse. Add to your collection one of the last truly Greek silver coins from a ruler who learned the hard way, what did the Romans do for us!
£49.50
Dynasts of Lycia, Perikles. Ca. 380-360 B.C. AR 1/3 Stater_obv

Dynasts of Lycia, Perikles. Ca. 380-360 B.C. AR 1/3 Stater. VF

Dynasts of Lycia, Perikles. Ca. 380-360 B.C. AR 1/3 Stater. Lion's scalp facing / Legend around Triskeles. Very Fine.
£215.00
Dynasts of Lycia. Trbbenimi - Ca. 390-370 B.C. 1/3 Stater_obv

Dynasts of Lycia. Trbbenimi - Ca. 390-370 B.C. 1/3 Stater.

Dynasts of Lycia. Trbbenimi - Ca. 390-370 B.C. AR 1/3 Stater. Facing lion's scalp / The name in Lycian around Triskeles. Very Fine & Scarce.
£225.00
Picture of Gaul, Massalian Obol. Ca. 350-150 B.C.

Gaul, Massalian Obol. Ca. 350-150 B.C.

Massalia is the ancient name of the French city of Marseilles. Established about 600 B.C. by Greek colonists coming from Phocaea (now Foça, in modern Turkey) it soon became rich as the link between Northern Europe and the Mediterranean. One citizen, Pytheas, sailed North between 330-320 B.C. to find a cheaper sea trade route for Cornish Tin. While exploring he was the first to link the tides to the moon, the first Mediterranean to see floating sea ice, the Midnight Sun in the arctic, and to explore the British Isles! He travelled around the coast by boat and on the land on foot. The coins on offer here are Silver Obols struck between Ca. 350-150 B.C., the peak of Massalia’s prosperity. They show the head of Apollo on the obverse and on the reverse a wheel with ‘M-A’. They are Very Fine in grade but typically some are slightly off struck. As always the first to order will get the best.
£85.00
Greek_Dolphin_Money_from_Olibia

Greek Dolphin Money from Olibia

This is something you will not see often. These bronze coins from Greek colony city of Olbia in Thrace were cast in the shape of a dolphin! They were made to honour their god Apollo Delphinios. This name is linked to the story of Cretan sailors in a storm who were guided to safety by Apollo shaped as a dolphin, landing at Delphi they became his priests. It also likely that the people were imitating what they saw, there were large numbers of dolphins in the Black Sea and still are today! Playful and intelligent, they would have been as friendly then as they are now. These were cast in bronze in the 5th to 4th centuries B.C., and because of this process do not have a tail. They show the body, the vast majority have the dorsal fin and some will even have eye pellets. As always the first to order will get the best, in this case the shape and features!
£19.95
Histiaia, Euboia, ca. 340-330BC, Silver Tetrobol_obv

Histiaia, Euboia, ca. 340-330BC, Silver Tetrobol

Histiaia, Euboia, ca. 340-330BC, Silver Tetrobol. Obverse: Head of the nymph Histiaia wreathed with vine and hair rolled facing to right. Reverse.: The nymph Histiaia seated to right on the stern of a galley. Very Fine+
£85.00
Islands off Thrace, Thasos, AR Tetradrachm (29mm), Head Of Dionysos_obv

Islands off Thrace, Thasos, AR Tetradrachm (29mm), Head Of Dionysos

Islands off Thrace, Thasos, ca.148-90 BC. Silver Tetradrachm. Obv. Head of young Dionysos to right. Rev. Herakles standing naked left holding club and lion's skin. About Extremely Fine / Good Very Fine
£450.00
Kimmerian Bosporos, Pantikapaion. Ca. 325-310 B.C. Æ 19.

Kimmerian Bosporos, Pantikapaion. Ca. 325-310 B.C. Æ 19.

Kimmerian Bosporos, Pantikapaion. Ca. 325-310 B.C.Æ 19. Ivy wreathed head of young satyr L. / ‘Π-Α-N’ around head of lion L. with sturgeon below. Good Very Fine & Scarce
£295.00
Lucania_Metapontum_Ca. 470-440 B.C. AR Nomos_obv

Lucania, Metapontum. Ca. 470-440 B.C. AR Nomos.

Lucania, Metapontum. Ca. 470-440 B.C. AR Nomos. Barley ear; in left field a ram's head facing upward / Incuse barley ear. About Very Fine & Scarce. A well known coin from antiquity the incuse is said to have been designed by Pythagoras, the school childs bane.
£295.00
Lycia, Phaselis. Ca. 4th Century B.C. AR Stater_obv

Lycia, Phaselis. Ca. 4th Century B.C. AR Stater.

Lycia, Phaselis. Ca. 4th Century B.C. AR Stater. Prow of galley right with fighting platform, gunwale decorated with eye / ‘ΦAΣH’ above galley stern to left. Extremely Fine & Rare. Ex. Michael Higley collection. A well struck, beautiful ancient silver coin showing details of ancient ships. Phaselis had a temple to Athena that reputedly held the Lance of Achilles
£1,675.00
Lycian League. Lycia, Phaselis. Ca. 100-88 B.C. AR Drachm_rev

Lycian League. Lycia, Phaselis. Ca. 100-88 B.C. AR Drachm.

Lycian League. Lycia, Phaselis. Ca. 100-88 B.C. AR Hemidrachm. Laur. head of Apollo R. / Lyre, headress of Isis L., torch to R., in incuse square. About Extremely Fine.
£95.00
Macedon, Olynthos. Ca. 432-348 B.C. AR Tetrobol_obv

Macedon, Olynthos. Ca. 432-348 B.C. AR Tetrobol.

Laureate head of Apollo right / Kithara of seven strings surrounded by legend within incuse square. Good Very Fine with scratch on reverse. This city led the Chalcidian League until it was destroyed by Philip II of Macedon in 348 B.C
£465.00
Mysia, Kyzikos. Ca. 450-400 B.C. AR Diobol_obv

Mysia, Kyzikos. Ca. 450-400 B.C. AR Diobol

Mysia, Kyzikos. Ca. 450-400 B.C. AR Diobol. Forepart of boar left; to right, tunny upward / Head of roaring lion left within incuse square. Very Fine & Scarce. A Scarcer denomination these are a well known coin from antiquity frequently missing from many collections.
£185.00
Pamphylia, Aspendos. Ca. 465-430 B.C. AR Stater_obv

Pamphylia, Aspendos. Ca. 465-430 B.C. AR Stater.

Pamphylia, Aspendos. Ca. 465-430 B.C. AR Stater. Naked warrior advancing right holding shield & spear / Triskeles within incuse square; 'E' above. Good Very Fine with two scratches on obverse. Rare archaic issue. This coin was made around the time Aspendos joined the Delian League.
£325.00
Phoenicia, Byblos (Gebal). King Adramelek Ca. 350 B.C. AR 1/8 Shekel_obv

Phoenicia, Byblos (Gebal). King Adramelek Ca. 350 B.C. AR 1/8 Shekel.

Phoenicia, Byblos (Gebal). King Adramelek Ca. 350 B.C. AR 1/8 Shekel. Two hoplites holding shields on galley left with lion's head prow; below, hippocamp left / Lion attacking bull left; Phoenician above. Very Fine & Very Rare! Adramelek is only known for his Rare coins!
£225.00
Satraps_of_Caria_Pixodaros. Ca. 341-335_B.C._AR_Didrachm_obv

Satraps of Caria, Pixodaros. Ca. 341-335 B.C. Halikarnassos mint. AR Didrachm.

Laureate head of Apollo facing, turned slightly right / ΠIΞΩΔAPOY’ Zeus Labraundos standing right, holding double-axe (labrys) & lotus-tipped sceptre. Very Fine & Scarce. A beautiful Hellenistic portrait of Apollo. This ruler almost married his daughter to Alexander the Great before Philip, his father, put a stop to it!
£1,295.00

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