¼ Æ Obol (480 BC - 440 BC) front ¼ Æ Obol (480 BC - 440 BC) back
¼ Æ Obol (480 BC - 440 BC) photo
© Classical Numismatic Gallery

¼ Æ Obol 480 BC - 440 BC

 
Bronze 38 g 40 mm
Description
Issuer
Olbia (Skythia)
Type
Standard circulation coin
Years
480 BC - 440 BC
Value
¼ Obol (1⁄24)
Currency
Drachm
Composition
Bronze
Weight
38 g
Diameter
40 mm
Shape
Round (irregular)
Technique
Cast
Demonetized
Yes
Updated
2024-10-10
References
Numista
N#348819
Rarity index
100%

Reverse

Four-spoked wheel; magistrate name in angles.

Script: Greek

Lettering: Π-A-Y-Σ

Translation: PAUS

Comment

The cast series of Olbia has a close resemblance to the Italian Aes Grave both of whose function was to provide denominations in bronze at its intrinsic value. The theoretical ratio of silver to bronze in Italy before 217 BC was about 1:144 and this would presumably have been much the same in the Black Sea region.

Interesting fact

One interesting fact about this coin is that it features the image of a mythical creature called the "Gryphon", which is a hybrid creature with the body of a lion and the head and wings of an eagle. This coin is one of the earliest known depictions of the Gryphon in ancient Greek art.