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About Phanes
The Phanes coins are a series of early electrum coins from Caria in Asia Minor. They were issued in seven denominations, the largest being the stater and the smallest 1/96 stater. Each is decorated with an image of a stag or part of stag on the obverse; additionally the two largest denominations have an inscription naming "Phanes", for which they are named. The Phanes coins are the most ancient inscribed coin series at present known.
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