CNG 108, Lot: 131. Estimate $500. Sold for $3750. This amount does not include the buyer’s fee.

BOEOTIA, Thebes. Circa 425-395 BC. AR Stater (21mm, 12.13 g, 3h). Boeotian shield, club across upper half / Bearded head of Dionysos right, wearing ivy wreath, within incuse square. BCD Boiotia 441 (this coin); HGC 4, 1326. VF, toned, banker’s mark on obverse, minor granularity and small scratch on reverse. Overstruck on a stater of Elis-Olympia with obverse type eagle flying left, animal in its talons.

Ex BCD Collection (Triton IX, 10 January 2006), lot 441; Schweizerischer Bankverein 38 (12 September 1995), lot 156.

From the BCD Triton IX catalog: “This coin ... may have been part of a consignment of Peloponnesian staters sent north during the war so that they could be converted to Boiotian currency to better serve the military plans of the Allies against Athens. The obverse [die] of the undertype could only be Seltman, Temple, BD, BE or BG, all three of them belonging to the plentiful issues struck just before the beginning of the Peloponnesian War.”