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Emergeny Coinage of Timotheos – Ex BCD

347, Lot: 170. Estimate $100.
Sold for $900. This amount does not include the buyer’s fee.

ATTICA, Athens. Circa 363-359 BC. Æ Double Unit (10mm, 1.08 g, 9h). Helmeted head of Athena left / Owl standing facing on barley grain; two pellets (mark of value) flanking; all within hanging olive branches. E.S.G. Robinson & M.J. Price, “An Emergeny Coinage of Timotheos” in NC 1967, 1; Kroll 35; Svoronos pl. 22, 93–6; HGC 4, –. VF, tan and brown patina, very faint cleaning marks, hairline flan crack, a little off center on reverse. Rare.


From the collection of a Southern Pathologist. Ex BCD Collection (Classical Numismatic Group 51, 15 September 1999), lot 303.

This issue has been identified as the coinage struck by the Athenian commander Timotheos during his siege of Olynthos. According to Oikonomika 2.23.1, Timotheos ran out of official coinage and struck this bronze issue to provide his troops with money to buy rations, promising to redeem them later in silver.