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Lydian Kingdom, Croesus AR Siglos, 560-546 BC

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Finn235's Avatar
United States
6130 Posts
 Posted 01/15/2019  11:26 am Show Profile   Bookmark this topic Add Finn235 to your friends list Get a Link to this Message Number of Subscribers
This is a coin type I had always wanted, ever since seeing a picture of one in a book when I was a kid! It isn't perfect, but the imperfections make it affordable.

Lydian Kingdom (pre-Achaemenid)
Croesus, 560-546 BC
AR Siglos / 1/2 stater, 14mm 5.22g
Obv: Confronted foreparts of lion and bull
Rev: Two punches

Lydian-Kingdom,-Croesus-AR-Siglos,-560-546-BC

Croesus is an historical figure who became mythical upon his death. Succeeding his father Alyattes in 560 BC, Croesus continued his father's wars against the other Anatolian kingdoms and subdued Ionia and Aeolis. He is credited with being the first individual to introduce a bimetallic currency system. Previously, all coinage in Asia Minor was minted from more or less raw electrum from river deposits; Croesus heated the electrum with salt to separate the gold and silver, creating pure gold and pure silver, from which he minted staters or Croesids, with one 8.1 gram gold Croesid being worth 10 silvers of 10.7 grams.

Croesus grew to become one of the wealthiest kings in history to that point, and is said to have famously selected the Oracle at Delphi as the most truthful of Apollo's oracles, and to have conversed with philosophers who warned him that the happiness brought by his great wealth would be at best fleeting - soon after his son was killed in a hunting accident.

By the 540s, it became clear that the encroaching Achaemenid empire was becoming a serious threat to be grappled with. Croesus consulted with the Oracle at Delphi, who told him "If you go to war, you will destroy a great empire." Croesus prepared for war and fought several indecisive battles in 547 BC. In that winter, Croesus disbanded his army to resume the campaign in the spring (this was the custom at the time) but Cyrus pressed on and conquered the whole kingdom. Croesus was captured at Sardis, and it is said that Cyrus ordered him to be burned alive on a pyre. Accounts differ on what transpired next - some versions of the story have Croesus rescued by Apollo and taken away, others have Cyrus rescuing him after a sudden change of heart and making Croesus his advisor, and other sources claim he died on the pyre.

The death of Croesus marked the end of Greek dominance in Anatolia for the next 200 years. The Achaemenids saw the benefits of his bimetallic monetary system and adopted it for themselves, the gold Croesid becoming the Daric, and the similarly sized half Croesid becoming the Siglos.
Edited by Finn235
01/15/2019 11:27 am
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louisvillekyshop's Avatar
United States
1305 Posts
 Posted 01/15/2019  11:46 am  Show Profile   Bookmark this reply Add louisvillekyshop to your friends list Get a Link to this Reply
Amazing! I love his story and have tried hard to listen though Herodotus's Histories as long and tough as that is. He certainly spends a lot of time on Croesus! I hardly ever get to handle these at any level and yours is much better than you humbly state!

doqHoFpRDfY


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MetzKaj's Avatar
Netherlands
145 Posts
 Posted 01/15/2019  11:55 am  Show Profile   Bookmark this reply Add MetzKaj to your friends list Get a Link to this Reply
Amazing coin! Congratz!
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echizento's Avatar
United States
23731 Posts
 Posted 01/15/2019  2:10 pm  Show Profile   Bookmark this reply Add echizento to your friends list Get a Link to this Reply
Very nice detail on this coin.
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MikeF's Avatar
United States
3479 Posts
 Posted 01/15/2019  3:21 pm  Show Profile   Bookmark this reply Add MikeF to your friends list Get a Link to this Reply
Great coin and congrats! What a coincidence. I just posted a question in this section about the earliest Lydian kingdom coins last week. I'm surprised you didn't weigh in on my question when you have so much knowledge of them.

Again, congrats on the acquisition. She's a beaut!
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Finn235's Avatar
United States
6130 Posts
 Posted 01/15/2019  5:25 pm  Show Profile   Bookmark this reply Add Finn235 to your friends list Get a Link to this Reply
Thanks all!


Quote:
so much knowledge


You mean the ability to turn an hour's research into 1-2 pages worth of write-up? It's a skill I honed to an art form in college

I am far from an expert on these coins, and on that vein, I should disclose that while I am sticking to Savoca's attribution, there is a good chance this coin was actually minted under Cyrus the Great. I'm undecided as to which would be cooler to own. I hope to eventually own an Alyattes type electrum lion, but that is a price category I've yet to venture into.
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Kamnaskires's Avatar
United States
7066 Posts
 Posted 01/15/2019  5:34 pm  Show Profile   Bookmark this reply Add Kamnaskires to your friends list Get a Link to this Reply
I'm late to the party. Congrats, Steve. Excellent pickup.

This is the second time Alyattes and Croesus have been mentioned on the board in the last two or three days. I've gotta believe they would be quite pleased to know how popular they still are 26 or so centuries onward...
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MikeF's Avatar
United States
3479 Posts
 Posted 01/15/2019  5:34 pm  Show Profile   Bookmark this reply Add MikeF to your friends list Get a Link to this Reply
Now there you go confusing me again.

It sounds like there's no definitive answers when dealing with BC coins. Fair assumption?
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Spence's Avatar
United States
34410 Posts
 Posted 01/15/2019  9:39 pm  Show Profile   Bookmark this reply Add Spence to your friends list Get a Link to this Reply
Super pick-up, with clear images on the obv still remaining.
"If you climb a good tree, you get a push."
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"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
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sel_69l's Avatar
Australia
21788 Posts
 Posted 01/19/2019  07:51 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Finn25:
I am after something like this myself.
Patience and years have been spent.

Congrats to you, for your acquisition!
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jskirwin's Avatar
United States
616 Posts
 Posted 01/19/2019  12:01 pm  Show Profile   Bookmark this reply Add jskirwin to your friends list Get a Link to this Reply
I'm reading Herodotus now. There's a new translation that makes him a pretty easy read.

Finn235
A very nice example of one of the first coins ever minted.
Good score.
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