Ancient Greek Coins

The first Ancient Greek Coins appeared in Aegina around 600 B.C. 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 coins the Athenian Owl, and the Obol, just to name a few.

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  • Denomination: Hemidrachm or Diobol or Trihemiobol or Æ 18

Lampsakos Trihemiobol 5th Century B.C.

Lampsakos (Latinised as Lampsacus) was an ancient Greek city on the Eastern side of the Hellespont, founded in the 7th Century B.C. It grew rich controlling trade through this corridor so during the 6th-4th centuries B.C. It was conquered by the Lydians, then Persians, then Athenians, Spartans, and finally Persia again. Captured in the 330s B.C. by Alexander the Great he threatened destruction on them as he thought them pro-Persian. They sent Anaximenes of Lampsakos who heard Alexander had sworn to do the opposite they asked, so he said, ‘Please majesty: enslave the women and children of Lampsakos, burn their temples, and raze the city to the ground.’ Alexander was tricked and reluctantly pardoned the people of Lampsakos. It prospered for the rest of antiquity. We have a little group of small silver coins from this city dating between 500-450 B.C. They have the early, archaic style showing a female Janiform (one face forward, one backward) head on the obverse with Athena in a Corinthian helmet on the reverse. They are about 2500 years old, grade About Very Fine and the first to order will get the best centred examples! At this price, we do not expect them to stay long.
£90.00

Macedon, Philip II (358-336 B.C.) AE.18 Choice Good Very Fine

Philip II ruled from 359-336 B.C. and began the rise of the Kingdom of Macedon. He reformed the army and was able to dominate the rest of the Greek city-states. As he was preparing to invade the Achaemenid Persian Empire he was assassinated by a member of his bodyguard so his son Alexander the Great took over, how different history could have been! The last time we had this type they sold out in all grades and it has been hard to get more! These bronze coins grade Very Fine, show the head of Apollo on the obverse and a naked youth on horseback on the reverse. Be the proud owner of a nearly two and a half thousand-year-old coin of Philip II of Macedon, Father of Alexander the Great.
£95.00

Miletos Diobol 520-450 B.C. Good Fine

The city of Miletos on the coast of modern Turkey has been occupied since the Neolithic, rising and falling a few times before this coin was made between 520-450 B.C. In 499 B.C. the Ionion Revolt started, headed by Miletos’ tyrant, Aristagoras, against the Achaemenid Persian Empire. This revolt was the first act of the famous Greco-Persian Wars! Despite a good start it was crushed by Darius the Great in 494 B.C. He killed the men, sold the women & children into slavery with the young men made eunuchs so that no Milesian would ever be born again. Don’t worry, some had escaped to Greece so Miletos survived and the Persians quickly rebuilt the city for trade. These small silver coins called a Diobol were made before and after the revolt, show a Lion on the obverse with a stellate pattern on the reverse. Archaic, Greek silver coin in Good Fine grade, nearly £2,500 years old and at under £100!
£95.00

Thrace, Cherronesos Hemidrachm Good Fine

These silver coins come from the Greek colony of Cherronesos, on the present-day Gallipoli peninsula in Turkey. They were issued over the period from 400-350 B.C. to support trade with cities along the coast of the Black Sea. They feature the forepart of a lion on the obverse and on the reverse a four-part incuse square with various mintmark symbols. A striking coin and now nearly 2400 years old!
£60.00

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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