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1/2 Siglos

Issuer Phasis
Year 425 BC - 325 BC
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Composition Billon
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Reverse script Ancient Greek
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Edge Plain
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Additional information

Phasis was a Greek colonial settlement on the eastern Black Sea coast — modern Poti in Georgia — positioned at the mouth of the river that gave the city its name and that ancient sources treated as the boundary between Europe and Asia. Coinage from Phasis is extraordinarily rare; the city's output was limited and its issues circulated within a tightly bounded regional economy dominated by trade with Colchian communities inland.

The billon fabric itself signals a mint working with constrained silver supplies, a pattern common among Black Sea colonial mints far from Aegean silver sources.

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