Identifying silver ore sources for the earliest coins of Athens
Archaeological and Anthropological Sciences
https://doi.org/10.1007/s12520-024-02120-3
(2025) 17:45
RESEARCH
Identifying silver ore sources for the earliest coins of Athens
Gillan Davis1 · Janne Blichert‑Toft2 · Liesel Gentelli2 · Damian B. Gore3 · Kenneth A. Sheedy4 · Francis Albarède2
Received: 8 September 2024 / Accepted: 11 November 2024
© The Author(s) 2025
Abstract
This study addresses longstanding questions concerning the ore sources used in the first series of coins of ancient Athens
known as the Wappenmϋnzen (c.540-c.500 BCE) by combining comprehensive numismatic data on 22 coins (16 new and 6
legacy analyses) with lead isotope and surface elemental measurements (MC-ICP-MS and XRF). It finds usage of ores from
Spain to Romania and Türkiye and frequent mixing. This upends current thinking based on a (mis)interpretation of historical
sources which argues that the tyrant Peisistratos and his sons, who ruled Athens during the period, sourced most silver from
the districts of Mt Pangaion and Strymon River in northern Greece and that silver did not flow from the western Mediterranean into their coinage. The data suggest that domestic ‘Lavrion’ mines of Athens did not contribute to the ore stock of the
Wappenmϋnzen until the subsequent production of the ‘owl’ series when it was also used in some Wappenmϋnzen fractions
and show that there is no correlation between coin types and ore sources. Elemental compositions nuance our understanding of the coins, but do not shed light on provenance. Together, these new findings force a reappraisal of numismatic and
historical perceptions of the period of the Athenian tyranny in the lead up to democracy, not least because the multiple silver
sources point to trading relationships with a greater variety of regions than previously contemplated.
Keywords Lead isotope analysis · XRF · Athenian coins · Silver · Wappenmünzen · Owls
Introduction
Sources of silver used by the ancient Athenians to mint their
first coins in the late Archaic period (c.540–479 BCE) have
long been a subject of debate. The discussion has centred on
mining districts mentioned anecdotally by historical authors,
coinages and observed ancient workings (Gale et al. 1980;
Gentner et al. 1978; Kraay and Emeleus 1962). The scientific contribution has largely been informed by lead isotopic and chemical analyses carried out over 40 years ago on
coins in the Asyut hoard (IGCH 1644 c.475 BCE) by Gale
* Gillan Davis
1
Faculty of Education and Arts, Australian Catholic
University, Tenison Woods House, 8 Napier Street,
North Sydney, NSW 2060, Australia
2
Ecole Normale Supérieure de Lyon, CNRS, and Université
de Lyon, Lyon, France
3
School of Natural Sciences, Macquarie University, Sydney,
Australia
4
Department of History and Archaeology, Macquarie
University, Sydney, Australia
et al. (1980, revised Stos-Gale and Davis 2020), but the fact
that so many of these coins are from northern Greek mints
skews the data. This paper provides fresh understandings
based on new lead isotope and X-ray fluorescence (XRF)
elemental analyses combined with legacy data comprising
22 coins (this study: 16 coins from the Athens Numismatic
Museum and Gale et al.: 6 coins from the British Museum,
excluding a seventh coin which is unidentifiable) from the
earliest series of coins minted by the Athenians known as
the Wappenmϋnzen (literally ‘heraldic coins’ so named for
their changing types once erroneously thought to be blazons
of noble families, cf. Sheedy et al. 2009). The elemental
and isotopic data are combined with numismatic information
on the coins and their types (Sheedy and Davis forthcoming). The key aim of the study is to determine the major
silver ore sources accessed by the Athenians to produce the
Wappenmϋnzen. The surprising answer has important historical and numismatic implications.
Athenian coinage was instigated by the Peisistratid
tyrants who ruled Athens from 546 to 510 BCE. The first
coinage series is known as Wappenmϋnzen and is characterised by multiple changing types (13 silver types identified in Sheedy and Davis, forthcoming). Of these, the most
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important were the ‘horse’, ‘gorgon’ and ‘wheel’, each of
which had their own varieties. They were followed by the
long-lasting series for which Athens’ coinage became best
known – the ‘owl’ – which depicted the helmeted head of
Athena on the obverse and an owl on the reverse along with
an olive sprig, another symbol of the goddess, and the abbreviated ethnic – ΑΘΕ (meaning: coin of the Athenians). The
change to the owl as the sole type reflected a desire to have
an instantly recognisably Athenian currency like other leading Greek trading states such as Korinth and Aigina (Kraay
1956). This decision has been linked with the exploitation
of silver-rich mineral veins in the mining district at Lavrion
(Laurion) in south-east Attica (Davis 2014a), since the owl
type was minted principally in large quantities of high-value
tetradrachms intended for export, in contrast to the small
obols and didrachms of the Wappenmϋnzen which mainly
circulated locally (Kraay 1956).
Literary evidence from long after the events described
above took place implies, but does not prove, that the
Peisistratids derived the silver for the Wappenmϋnzen
from the districts of Mt Pangaion and Strymon River in
northern Greece (Hdt. 1.64.1; Ath. Pol. 15.2) followed by
exploitation of Lavrion for the owls (Hdt. 7.144). This has
been widely accepted since the theory was first popularised by Seltman (1924; cf. van Wees 2013; Sears 2013,
2015) notwithstanding serious doubts of other scholars,
notably Lavelle (1993; cf. Archibald 2013 and Davis
2014a). Lead isotope analysis of Hacksilber (chopped
silver) from Tel Miqne-Ekron in the southern Levant
shows that one of its sources was Lavrion in the seventh
century BCE (Gentelli et al. 2021; Stos-Gale 2001) and
there might be an expectation that exploitation of Lavrion
continued into the sixth century BCE. Against this, there
is virtually no evidence of silver use in Attica prior to
the second half of the sixth century (Davis 2012 contra
Rhodes 1975; Kroll 1981). Gale et al. (1980) influentially
assumed that silver from the western Mediterranean was
‘virtually unavailable’ to the Greeks after the battle of
Alalia in 540 BCE won by the Carthaginians. This was
always a somewhat counterintuitive conclusion since their
own lead isotope analyses of seven Wappenmϋnzen coins
claimed to represent diverse sources ranging from Spain
to Iran with only one fractional (small) coin late in the
sequence of types from Lavrion, and all 14 owls exclusively from Lavrion ores (Gale et al. 1980; re-examined
by Stos-Gale and Davis 2020).
Some gorgoneion Wappenmϋnzen were minted as tetradrachms with an image on the reverse of a lioness rather
than the unadorned diagonally divided reverse punch
used hitherto (Table 1). Kraay (1956) in a seminal article
argued that these were the last phase of the (...truncated)