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THRACE, Abdera. Circa 450-425 BC. AR Tetradrachm (27mm, 14.72 g, 10h). Pythinnes, magistrate. Griffin with curved wing seated left, raising right forepaw; to left, open hand downward / EΠI Π-VΘ-INN-EΩ around raised quadripartite incuse square; all within shallow incuse square. May, Abdera, Period IV, 135 var. (A–/P114 [unlisted obv. die with hand]); CN Online –; AMNG II –; HGC 3, 1136; Gemini IV 100 (same dies); New York Sale XLV, 26 = Roma XV, lot 128 = Nomos 11, lot 44 (same dies). Minor pitting and porosity, a few light scrapes on reverse. Good VF. Extremely rare, apparently the third known.
Abdera has its mythological foundation in the Labors of Herakles, who founded the city in honor of his companion Abderos after the latter was killed by the mares of Diomedes. Historically, the first recorded settlement was a failed colonization effort by Klazomenaians under the leadership of Timesias in 656 BC, but neither of these events have left any concrete traces in the later history. It was in 541 BC that citizens of Teos, fleeing the Persian conquest of Ionia, established a long-lasting civic entity. The unchanging numismatic symbol of Abdera, the griffin, was adopted from the coinage of the lost home city, Teos, but turned to face left instead of right as at Teos. Abdera’s production of massive silver oktadrachms begins within a decade of the founding of the city, and reflects the reason for the success of this foundation as opposed to the earlier failure; at the beginning of the 6th century BC the prolific silver mines of Thrace started coming online, and trading cities such as Abdera and Thasos were well positioned to claim their portion of the wealth. While producing large quantities of silver coins, the city also introduced one of the earliest series of signed coinage by annual magistrates. While the obverse type was invariably a griffin, the reverses, once they evolved beyond the simple quadripartite square in the late 5th century, seem to have been left to the whim of the magistrates, who responded with a delightful repertoire of varied types, mythological and naturalistic, a number featuring visual puns on the magistrate’s name. This was the period of Abdera’s greatest achievements, of well known citizens such as Demokritos, the ‘laughing philosopher’, and Protagoras, the most celebrated of the sophists. The failed revolt against Athens in 411 BC proved only a slight hiatus in the city’s prosperity. However, the final end would come within a generation, as the production of the Thracian silver mines began to slow (or was diverted to the growing power of Macedon) and the Thracian tribes became increasingly restive. In 375 BC, the Abderan army was destroyed by the Triballoi, and only closer confederacy with Athens preserved the city. Its annual coinage issues ceased, and after this period little precious metal coinage was struck in Abdera. By the time of the coming of the Romans in the 2nd century BC, the great trading city of Abdera had sunk into permanent obscurity.
The final winners of all CNG Feature Auction 129 lots will be determined during the live online sale that will be held on 13-14 May 2025. This lot is in Session One, which will begin 13 May at 9 AM ET.
Winning bids are subject to a 22.5% buyer's fee for bids placed on this website and 25% for all others.
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