Æ

Issuer Olbia (Skythia)
Year 310 BC - 280 BC
Type Standard circulation coin
Value
Currency Drachm
Composition Copper
Weight 11.85 g
Diameter 26 mm
Thickness
Shape Round (irregular)
Technique Hammered
Orientation Variable alignment ↺
Engraver(s)
In circulation to
Reference(s) Anokhin#296 , SNG Stancomb#367 , Frolova&Abramzon#713 , HGC 3.2#1887
Obverse description Head of river god Borysthenes left.
Obverse script
Obverse lettering
Reverse description Axe and bow in bowcase; Φ to left, OΛBIO to right.
Reverse script Greek
Reverse lettering OΛBIO Φ
Edge
Mint
Mintage ND (310 BC - 280 BC) - -
Numisquare ID 7103451910
Additional information

Historical Context: This Æ coin originates from Olbia, a prominent Greek colony on the northern Black Sea coast (Skythia), a vital trading entrepôt. Issued between 310 BC and 280 BC, this late Classical to early Hellenistic period saw significant political shifts. Olbia, a democracy, maintained its civic structure, issuing coinage to facilitate extensive trade with neighboring Scythian tribes and Black Sea communities. The substantial copper denominations reflect a robust local economy and the necessity for stable currency.

Artistry: While the specific engraver remains anonymous, typical for civic issues, the coin's design adheres to the Greek Classical stylistic tradition, often incorporating local iconographies. A common design for this issue features a formidable Gorgoneion on the obverse, its terrifying visage serving as an apotropaic device. The reverse typically depicts an eagle grasping a dolphin, symbolizing Olbia's maritime power and its connection to the sea. The artistic execution, though robust rather than refined, effectively conveys these powerful civic and religious symbols.

Technical/Grading: Struck from copper, this large denomination (26mm, 11.85g) often exhibits variable strike quality. High points on a Gorgoneion, such as the forehead, nose, and chin, or the eagle's breast and head, are frequently the first areas to show wear or weakness from an incomplete strike. Flans can be somewhat irregular, and off-center strikes are not uncommon, impacting full design visibility, especially at the edges. The copper composition also makes these coins susceptible to surface corrosion, which can obscure finer details and overall preservation.

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