CNG 102, Lot: 576. Estimate $5000. Sold for $7000. This amount does not include the buyer’s fee.

ASIA MINOR, Uncertain. 7th-6th centuries BC. EL Ingot (34mm, 84.94 g). Uncut “proto-coinage” ingot, its weight approximately equivalent to 6 Milesian-standard staters. Cf. H.S. Kim, “Electrum Ingot Hoard (2002)” in SNR 83 (2004), 1. As made. Very rare as an intact piece; usually found in cut fragments.

The characteristics of this piece are quite similar to other ingots that have been found in the region of the Black Sea.