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Research Coins: Affiliated Auction

Sale: Nomos 3 & 4, Lot: 1202. Estimate CHF300. 
Closing Date: Monday, 9 May 2011. 
Sold For CHF2000. This amount does not include the buyer’s fee.

THESSALY, Methylion. First half of the 4th century BC. Chalkous (Bronze, 12mm, 1.76 g 11). Μ - Ε - Θ - Y(partially retrograde) Grain in husk upwards. Rev. ΜΕ -ΝΕΚ - ΡΑ -[ΤΟΥΣ](partially retrograde) Ram standing to right. Franke, 1960, p. 1-2 var. (different placement of legend). A coin of great rarity, less than 10 examples are known. A fine piece, with a clear inscription. Good very fine.

The well-known scholar Professor P. R. Franke published the first known example of this type as being from Olea, but the easily readable legend on this coin, and on another ex CNG Triton VIII, 2005, 285, make it clear that the legend is definitely ΜΕΘΥ on the obverse (only half of the Μ is visible but it is part of a larger letter, thus ensuring it is neither a Λ or an Α - especially since there is no crossbar, which can be seen as part of the Α on the reverse). The obverse type recalls the very rare silver of the 5th century, but the style of this coin indicates that it must be 4th century in date.