Silver Hemidrachm Byzantium About Very Fine
According to legend the city now known as Istanbul was originally founded in the 7th Century B.C. by Greek colonists from Megara, near Athens. Byzantium commanded the entrance to the Black Sea and grew rich from grain traffic, fishing, and other trade. The city thus made coins to show this wealth and facilitate trade! We have a group of silver Hemidrachm that were first minted in 387 B.C. after the Corinthian War. This period was known as the ‘King’s Peace’ in Greece, named for the King of Persia, Artaxerxes II, as he brokered it. These coins continued to be struck after the Peace ended until Philip II of Macedon unsuccessfully besieged Byzantium in 340 B.C. and production stopped. They show the forepart of a heifer or bull riding a dolphin on the obverse with an ornamented trident on the reverse to represent their patron god, Poseidon! We have a group grading About Very Fine, don’t miss out on a coin from the King’s Peace 2,400 years ago…