| Savoca Numismatik GmbH & Co. KG > Online Auction 187 | Silver | Auction date: 10 December 2023 |
| Lot number: 32 Price realized: 50 EUR (Approx. 54 USD) Note: Prices do not include buyer's fees. | Show similar lots on CoinArchives Find similar lots in upcoming auctions on  |
| Lot description: Phokis. Federal Coinage circa 449-447 BC. Obol AR 10 mm, 0,88 g Φ - O, facing head of bull / Forepart of boar right within incuse square. Very Fine BCD Lokris 246; HGC 4, 1074. Federal coinage is the practice of minting coins that were issued collectively by a group of cities or states, forming a political or regional alliance. These coins were a tangible representation of the unity and cooperation among the participating entities. Such federations were common in ancient Greece, where independent city-states often collaborated for mutual benefits. The reasons for creating federal coinage were multifaceted. First and foremost, it facilitated economic transactions within the alliance, as a standardized currency made trade and commerce more efficient. Additionally, these coins often bore symbols or inscriptions that highlighted the collective identity or shared values of the participating regions.The Federal Coinage of Phocis was a coinage system established during the time of the Delphic Amphictyony. The Amphictyonic League was a religious association of Greek city-states, and Phocis was one of its members. One of the league's most famous activities was the administration and protection of the sanctuary of Apollo at Delphi. Phocis, situated near the influential oracle at Delphi, played a significant role in the religious and political affairs of ancient Greece. The city issued coins as part of the federal coinage system implemented by the Delphic Amphictyony. These coins among others were a means of financing the maintenance and administration of the sanctuary, which included the famed Oracle of Delphi. Starting price: 50 EUR |  |
