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: Trihemiobol
Lampsakos Trihemiobol 5th Century B.C_obv

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

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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