CNG 102, Lot: 399. Estimate $2000. Sold for $1600. This amount does not include the buyer’s fee.

TROAS, Ilion. Circa 188-133 BC. AR Tetradrachm (34mm, 16.86 g, 12h). Metriketes, magistrate. Helmeted head of Athena right / The Palladion: Athena Ilias standing right, holding distaff and filleted spear; monogram to inner left; to inner right, owl standing left, head facing; MHTPIKETOY in exergue. Bellinger T39 (same obv. die as illustration). VF, lightly toned, minor die wear on obverse.

From the estate of Thomas Bentley Cederlind. Ex Gorny & Mosch 207 (15 October 2012), lot 287 (hammer €1900).

Founded in the seventh century BC by Aeolians on the site of ancient Troy, Ilion prospered and ultimately developed into a successful Hellenistic and Roman city. It possessed a famous temple of Athena (‘Ilias’) that was visited by King Xerxes of Persia and later by Alexander the Great. The Romans always had a high regard for Ilion because of the legend of Aeneas and the tradition that Rome's founders were of Trojan origin. With the collapse of Seleukid authority in Asia Minor in 189 BC, Ilion, in common with many other communities of western Asia Minor, celebrated its liberation from regal authority by issuing large and impressive tetradrachms. These honor the goddess Athena Ilias, whose helmeted head appears as the obverse type, while the reverse features her standing figure, probably the statue which stood within the sanctuary. The names appearing on these issues are not technically magistrates, but influential citizens who financed the coinage from their own wealth in return for recognition on the coins (see Bellinger, "The First Civic Tetradrachms of Ilium" in ANSMN VIII [1958], pp. 23-24). The patronymic form used on this coinage has a parallel in the earlier stephanophoric coinage of Magnesia ad Maeandrum (see Jones).