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It is well known that the Ionian Sea is characterized by thin (8–11 km) crystalline crust, thick (5–7 km) sedimentary cover, and low heat flow, typical for a Mesozoic (at least) basin. Yet seismic data have not yielded univocal interpretations, and a debate has developed on the oceanic versus “thinned continental” nature of the Ionian basin. Here we analyze the magnetic anomaly pattern of the Ionian Sea and compare it to synthetic fields produced by a geopotential field generator, considering realistic crust geometry. The Ionian basin is mostly characterized by slightly negative magnetic residuals and by a prominent positive (150 nT at sea level) “B” anomaly at the northwestern basin margin. We first test continental crust models, considering a homogeneous crystalline crust with K = 1 × 10⁻³, then a 5 km thick deep crustal layer of serpentinite (K = 1 × 10⁻¹). The first model yields insignificant anomalies, while the …