Sale: Triton VII, Lot: 225. Estimate $15000.  Closing Date: Monday, 12 January 2004.  Sold For $17500. This amount does not include the buyer’s fee.

MYSIA, Lampsakos. Artabazos, Satrap of Daskylion. Circa 356 BC. AV Stater (8.45 gm). Head of Artabanos left, wearing a Persian tiara tied with a diadem / Forepart of Pegasos right. Baldwin, Lampsakos II, 21; H. A. Troxell, "Orontes, Satrap of Mysia," RSN 60 (1981), pp. 35-37 and Plate 4, B; SNG France 1159; BMC Mysia -; SNG Copenhagen -; SNG von Aulock 7395=Kraay-Hirmer 735 (this coin); Gulbenkian 689; Boston MFA 1593. Good VF, light roughness on the obverse. Very rare, only six recorded examples, four of which are in museum collections. [See color enlargement on plate 4] ($15,000)

Ex Leu 30 (28 April 1982), lot 167; Von Aulock Collection, 7395; Monnaies et Medailles XIX (5 June 1959), lot 475; Münzen und Medaillen XIII (17 June 1954), lot 1159.

Traditionally, this stater has been assigned to the satrap Orontes, based on the similarity of its reverse to silver and bronze coins believed to have been struck by him at Lampsakos. Although Orontes did control portions of Mysia, he was in fact subordinate to his kinsman Artabazos who was the true satrap of the entire region of Daskylion, which encompassed Lampsakos at the time this coin was struck. When both Orontes and Artabazos rebelled against the Persian king Artaxerxes III in 357 BC, Artabazos secured Lampsakos through the agency of the hired Athenian mercenary, Chares. When Chares accomplished his mission, Artabazos richly rewarded him in coin, the likely occasion for striking this issue.