1 Obol - Hyrcodes Bukhara Sogd, with distorted Greek legend

Bukhara's coinage of this type derives ultimately from the tetradrachms of Eucratides I of Bactria, filtered through generations of local imitation until the Greek legend became purely decorative — copied by die-cutters who could not read it. The "Hyrcodes" name is a scholarly reconstruction of the issuing authority rather than a transliteration from any surviving inscription. These small silvers circulated along the Sogdian trade routes during a period when no single power fully controlled the region between Parthian withdrawal and Kushano-Sasanian expansion.