CIT Introduces Series of Coins Inspired by Ancient Greece

Ancient Greece Series

Cook Islands, 5 Dollars 2022. Gold .9999. 0.5 g. 11 mm. Silk finish. Mintage: 15,000 pieces each. Minted by B. H. Mayer’s Kunstprägeanstalt, Munich.

Description of the Coin

The obverse of all issues features the portrait of Queen Elizabeth II by Ian Rank-Broadley (initials: IRB); around it the name of the ruler, the issuing nation and the denomination.

Reverses:

  • Crab – Akragas

On a rough surface, the reverse features a crab common to most coins of the Sicilian city of Akragas.

  • Dolphins and Tuna – Cyzicus

On a rough surface, the reverse depicts two dolphins swimming to the left, between them a tuna fish modeled after an electrum stater type of Cyzicus.

  • Octopus – Syracuse

On a rough surface, the reverse shows an octopus as can be found on many fractions of the Sicilian city of Syracuse.

  • Philip II of Macedon

The design of the reverse is inspired by the gold staters of the Philip type. On a rough surface, they show the head of Apollo with laurel wreath facing right.

  • Alexander the Great

The design of the reverse is inspired by the gold staters of the Alexander type. On a rough surface, they show the head of the goddess Athena with a Corinthian helmet facing right.

  • Ptolemaios I

The design of the reverse is inspired by the gold staters of Ptolemaios I featuring his portrait. He wears the diadem of the king and the aegis around his neck.

Background

In 2020, CIT issued the first (and award-winning) coin of the successful series Numismatic Icons. With Tortoise, Athena’s Owl, and Pegasos, the company brought the most popular Greek coin types into contemporary numismatics. In 2022, CIT decided to also start a series of small gold coins featuring the same motifs – which was a major success.

Now, CIT will complement the Numismatic Icons with the “Ancient Greece” series. The designers selected some of the most beautiful animal motifs from ancient times as well as the best-known coin types of Hellenism.

The Crab of Akragas, the Tuna of Cyzicus and the Octopus of Syracuse – all three motifs bear testimony to the impressive precision with which Greek artists observed their environment. The skill with which they transformed the fauna of their immediate surroundings into realistic and yet slightly stylized animal motifs is unparalleled to this day.

In a second block, CIT picks up the depictions of three central gold coins of Greek monetary history. The first issue features Apollo, as Philip of Macedonia chose him to be depicted on his gold staters. After a long phase during which silver was the dominant minting material, Philip was the first one to opt for gold coins again. His son Alexander, who is readily dubbed “the Great”, succeeded him. Alexander spread the gold stater that his father had created featuring a new image – the goddess Athena – throughout all the territories he conquered. After his death, Alexander’s empire disintegrated into many dominions, which, however, built on what they had adopted from his rule. An example of this is Ptolemaios, the Macedonian general who became the ruler of Egypt and not only put his own portrait on coins but also introduced Greek money to Egypt, which had still been a traditional economy prior to his rule.

It is remarkable how CIT succeeds in capturing the beauty of the ancient models on gold coins that weigh as little as 0.5 g with a diameter of 11mm. Thanks to state-of-the-art minting technology, B.H. Mayer downright revolutionized the appearance of the small gold coins.

Further Information

www.cit.li/coins/crab-akragas-ancient-greece

www.cit.li/coins/dolphins-and-tuna-cyzicus-ancient-greece

www.cit.li/coins/octopus-syracuse-ancient-greece

www.cit.li/coins/philip-ii-of-macedon-ancient-greece/ https://www.cit.li/coins/alexander-the-great-ancient-greece

www.cit.li/coins/ptolemaios-i-ancient-greece

* * *

CoinWeek Podcast #155: Ultra-Modern Coins Take Over

Mobile phone users. Stream this podcast for free by downloading the podomatic app or subscribe to the CoinWeek Podcast on iTunes.

In this episode of the CoinWeek Podcast, we have a lively, interesting, and provocative conversation with Chang Bullock and Orlando Lorenzana of CIT, where we talk about how ultra-modern coins (or postmodern coins, as we call them) have taken over the contemporary coin market and how CIT’s innovations in color and coin minting technology are changing the game for private and sovereign mints.

You cannot walk away from this podcast without learning something about the way minting has changed–and has always been changing throughout the course of monetary history–and we hope it will give you a clearer picture of where we are heading.
 

LEAVE A REPLY

This site uses Akismet to reduce spam. Learn how your comment data is processed.