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Research Coins: The Coin Shop

 
407203. Sold For $495

IONIA, Ephesos. Circa 180-67 BC. AR Tetradrachm (28mm, 12.56 g, 1h). Cistophoric type. Dated CY 33 (101/100 BC). Cista mystica within ivy wreath / Two serpents entwined around bow and bowcase; ΛΓ (date) to upper left, owl above, EΦE to left, torch to right. Kleiner, Dated 37; DCA 325; SNG Copenhagen –; McClean 8097. Good VF, gray-blue toning.


Recent scholarship has reframed the Attalid cistophori from a series emblematic of a closed monetary system, a theory proposed by earlier scholars, to a revolutionary coinage that defines an innovation in the structure of the Attalid state. Following the defeat of the Gauls in 166 BC, Eumenes II dramatically reorganized his kingdom. Civic structure now became the backbone of the state, with large amounts of money being spent to more thoroughly incorporate rural areas into the urban Pergamene kingdom. Key to this was the new cistophoric coinage, which was struck at a lower weight than the common Attic standard, to ensure circulation only within the kingdom. Andrew Meadows writes of the cistophoric issues: “This was a coinage designed to look federal, rather than royal. The king’s image was removed in favour of creating the impression of civic unity across clearly defined and identified space. Since the ‘mintmarks’ that appear on a number of these coinages do not in fact designate sites of production, we might speculate that their inclusion was at least partly an element of the ideological programme.” (“The Closed Currency System of the Attalid Kingdom,” in Attalid Asia Minor. Ed. Peter Thonemann. Oxford. 2013.)