CNG 102, Lot: 577. Estimate $1000. Sold for $1900. This amount does not include the buyer’s fee.

ASIA MINOR, Uncertain. 7th-6th centuries BC. EL Ingot (9.5mm, 12.05 g). Uncut “proto-coinage” ingot, its weight approximately equivalent to 5 Milesian-standard hektes. Cf. H.S. Kim, “Electrum Ingot Hoard (2002)” in SNR 83 (2004), 5. VF, granular surfaces, a couple scrapes. Rare as an intact piece.

As with the previous lot, the characteristics of this ingot are quite similar to other ingots that have been found in the region of the Black Sea.