Ancient Greece Phaistos disc coin drop earrings. Silver earrings on oxidized and 18k gold-filled sterling silver. Greek museum replicas. This pair of silver earrings inspired by the ancient Greek Phaistos disc. The Phaistos disc silver earrings are available in oxidized silver set in 18k yellow gold-filled sterling silver, the disc in the middle has a matte finish while the border around the disc has a shiny finish. Handmade item. The Phaistos Disc is a disk of fired clay from the Minoan palace of Phaistos on the island of Crete. Now, the island of Crete is part of modern Greece. The disc was discovered in 1908 by the Italian archaeologist Luigi Pernier in the Minoan palace-site of Phaistos. While it is not clear that it is a script, most attempted decipherments assume that it is most additionally assume a syllabary, others an alphabet or logography or a calendar.