Æ - Parisades IV Panticapaeum

Parisades IV ruled the Bosporan Kingdom during a period of consolidating Pontic influence in the northern Black Sea region, though the kingdom maintained its own civic coinage well into the Hellenistic period. Panticapaeum, the capital, had been striking bronze for local circulation for centuries by this point — a necessity in a grain-trading economy where small denomination exchange was constant and silver too valuable for everyday transactions.

The Anokhin sequence places this issue firmly within a period of dynastic continuity rather than crisis, which likely explains the modest fabric.