Gold Diobol (407 BC - 406 BC) front Gold Diobol (407 BC - 406 BC) back
Gold Diobol (407 BC - 406 BC) photo
© Classical Numismatic Group, Inc.

Gold Diobol 407 BC - 406 BC

 
Gold 1.43 g -
Description
Issuer
Athens (Attica)
Type
Standard circulation coin
Years
407 BC - 406 BC
Value
Gold Diobol (10⁄3)
Currency
Drachm
Composition
Gold
Weight
1.43 g
Shape
Round (irregular)
Technique
Hammered, Incuse
Orientation
Variable alignment ↺
Demonetized
Yes
Updated
2024-10-09
References
Numista
N#369759
Rarity index
100%

Reverse

Two owls standing confronted; olive branch between.

Script: Greek

Lettering: AΘE

Translation: Athens

Comment

Based upon the coins that have survived, we can be sure that five denominations of ‘emergency’ gold coins were struck, the largest being the didrachm (stater) of about 8.6 grams and the smallest being the obol of about 0.72 grams. An account of the treasurers of Athens entered sometime after 385/4 B.C. (Inscriptiones Graecae II, 1414, lines 6-7) records the receipt of two gold hemiobols, suggesting that a sixth denomination was issued, though no hemiobols survive. These coins, presumably, would have been 1/24th staters weighing about 0.36 grams. Another Athenian treasurer’s report (IG II, 1408, lines 11-13) provides an even more fascinating detail, namely that when the record was made, sometime after 385/4 B.C., “the dies and the little anvils on which they used to strike the gold coins” were still contained in a wooden box with the public seal.
copied from: https://www.acsearch.info/search.html?id=1390166

Interesting fact

The Gold Diobol coin from Athens (Attica) was used as a means of payment during the time of Pericles, a prominent statesman and military leader in ancient Greece. It was during his leadership that Athens experienced a period of cultural and economic prosperity, and the production of coins like the Gold Diobol helped to facilitate trade and commerce.