Egyptian gold stater

First coin minted in ancient Egypt

The gold stater (Egyptian: nfr-nb, "Nefer-nub", meaning "fine gold") was the first coin ever minted in ancient Egypt, around 360 BC during the reign of pharaoh Teos of the 30th Dynasty.

Under Teos

Teos introduced the gold stater in order to pay salaries of Greek mercenaries who were at his service.

Gold stater with the same weight of a Persian daric (around 8.42 grams), with an owl on the left, modelled after the Athenian model, and a papyrus on the right.
Gold stater as a tetradrachm, with an owl on the left and an olive branch on the right, with the Demotic writing "Teos... Pharaoh".

Under Nectanebo II

Teos' successor Nectanebo II kept this practice, though coining his personal gold staters.

Gold stater as a daric (about 8.42 grams), obverse with a prancing horse on the right,^[1] reverse with the hieroglyphs nfr-nb.
Small gold stater (about 2.56 grams, diameter 14-15 mm), with a probable picture of a leaping gazelle. Its attribution to Nectanebo II, however, is not confirmed.

Sources

^ Schulz, Seidel, 1998. Egypt: The World of the Pharaohs, Editors, Regine Schulz, Matthias Seidel, Konemann Verlagsgesellschaft mbH, Cologne, English translation version. p. 370. (obverse, reverse) (hardcover, ISBN 3-89508-913-3)

Ernst Gölitzer, Entstehung und Entwicklung des alexandrinischen Münzwesens von 30 v. Chr. bis zum Ende der julisch-claudischen Dynastie. Akademie-Verlag, Berlin 2004, ISBN 3-05-004089-0, p. 6.