The Phanes coins, so called for the name inscribed on them, are early

electrum Electrum is a naturally occurring alloy of gold and silver, with trace amounts of copper and other metals. Its color ranges from pale to bright yellow, depending on the proportions of gold and silver. It has been produced artificially and is ...

coins from

Caria Caria (; from Greek language, Greek: Καρία, ''Karia''; ) was a region of western Anatolia extending along the coast from mid-Ionia (Mycale) south to Lycia and east to Phrygia. The Carians were described by Herodotus as being Anatolian main ...

Asia Minor Anatolia (), also known as Asia Minor, is a peninsula in West Asia that makes up the majority of the land area of Turkey. It is the westernmost protrusion of Asia and is geographically bounded by the Mediterranean Sea to the south, the Aegean ...

and are the most ancient inscribed coin series at present known.

Coins

The Phanes coins are a series of coins issued in seven denominations:

stater The stater (; ) was an ancient coin used in various regions of Greece. The term is also used for similar coins, imitating Greek staters, minted elsewhere in ancient Europe. History The stater, as a Greek silver currency, first as ingots, and ...

, 1/3, 1/6, 1/12, 1/24, 1/48, and 1/96 stater. The staters weigh 14.1 grams. All of the coins have the image of a stag or part of a stag on them. The coins were likely struck at

Ephesus Ephesus (; ; ; may ultimately derive from ) was an Ancient Greece, ancient Greek city on the coast of Ionia, in present-day Selçuk in İzmir Province, Turkey. It was built in the 10th century BC on the site of Apasa, the former Arzawan capital ...

. The stater and 1/3 stater coins from this series both bear Greek inscriptions. The inscriptions are written right-to-left, and the letters are the mirror image of standard Greek letters. The longer inscription, on the stater, survives in three versions, which read: ("Phaenos emi sema"), ("Phanos emi sema"), and ("Phaneos eimi"). This may be translated as "I am the badge/mark/symbol of Phanes" or "I am the sign of the bright one". The shorter legend, on the 1/3 stater coins, is ("Phaneos", meaning "of Phanes"). The coins of Phanes are amongst the earliest of Greek coins. One, a hemihekte (a twelfth

) of the issue, was found in a jar in the foundations of the

Temple of Artemis The Temple of Artemis or Artemision (; ), also known as the Temple of Diana, was a Greek temple dedicated to an ancient, localised form of the goddess Artemis (equated with the Religion in ancient Rome, Roman goddess Diana (mythology), Diana) ...

dated to the late seventh century BC, making that the earliest known hoard of coins. Only six specimens of the stater are known.

Identity of Phanes

Phanes cannot be identified with certainty. He might have been the successful mercenary Phanes of Halicarnassus, described by

Herodotus Herodotus (; BC) was a Greek historian and geographer from the Greek city of Halicarnassus (now Bodrum, Turkey), under Persian control in the 5th century BC, and a later citizen of Thurii in modern Calabria, Italy. He wrote the '' Histori ...

as serving first the Egyptian pharaoh

Amasis II Amasis II ( ; ''ḤMS'') or Ahmose II was a pharaoh (reigned 570526 BCE) of the Twenty-sixth Dynasty of Egypt, the successor of Apries at Sais, Egypt, Sais. He was the last great ruler of Ancient Egypt, Egypt before the Achaemenid Empire, Persian ...

and then the Persian king

Cambyses II Cambyses II () was the second King of Kings of the Achaemenid Empire, reigning 530 to 522 BCE. He was the son of and successor to Cyrus the Great (); his mother was Cassandane. His relatively brief reign was marked by his conquests in North Afric ...

in his invasion of Egypt. The coins might be associated with the primeval god Phanes, whose name means "light" or "shine", or that might have been an epithet of the local goddess identified with Artemis. Barclay V. Head found those suggestions unlikely and thought it more probably "the name of some prominent citizen of Ephesus".

Notes

References

{{reflist, 30em 7th-century BC establishments in Greece Coins of ancient Greece Caria Coin designers Temple of Artemis