Sale: CNG 60, Lot: 716. Estimate $1000.  Closing Date: Wednesday, 22 May 2002.  Sold For $875. This amount does not include the buyer’s fee.

IONIA, Ephesos. Before 600 BC. EL 1/24 Stater (0.55 gm). Forepart of a stag right; head reverted / Incuse punch with raised lines within. Cf. Weidauer 36 (1/12 stater); cf. Boston MFA 1816 (same); Rosen -; see CNG Auction 54, lot 664 for a similar specimen. VF. ($1000)

These electrum coins mark the first appearance of the stag of Artemis as a civic badge of Ephesos, and fall in the same context as the famous "Phanes" electrum, the earliest named coinage.