IONIA, Ephesos. Phanes. Circa 625-600 BC. EL Trite – Third Stater (14mm, 4.71 g). Stag grazing right, its dappled coat indicated by indentations on the body; ΦANEO[S] (retrograde) above / Two incuse squares flanking central incuse rectangle, each with raised intersecting lines within. Weidauer 40; SNG München 14; ACGC 54; GPCG p. 98, 3 = Kraay & Hirmer 585; Zhuyuetang 8. Lightly toned. Good VF. Very rare, there are fewer than twenty trites of Phanes known.

From the M.J.W. Collection. Ex Harlan J Berk BBS 159 (28 April 2008), lot 1.