Æ25 - Septimius Severus ΜΙΛΗϹΙΝ ΕΠΙ ΠΟ ΟΥΑ ΗΓΗϹΑΝΔΡΟ

Miletus had long since lost its classical glory by the Severan period, but the city retained enough civic pride — and enough wealth from its wool trade and position on the Maeander delta — to sustain a vigorous local bronze coinage. The magistrate name recorded here, rendered in the genitive as was standard for Milesian civic issues, places this coin within a sequence of issues tied to named annual officials whose tenures remain only partially reconstructed by modern scholarship.

The Conventus of Miletus administered a broad swathe of Ionia, and civic bronzes like this one circulated primarily at the local and regional level, filling a gap that Roman imperial coinage rarely bothered to address in small-denomination transactions.