Æ28 - Philip I ΕΠΙ ΓΡ ΔΗΜΟϹΤΡΑΤΟΥ ΕΥΤΥ ΜΑΓΝΗΤΩΝ

Philip I's reign coincided with the Roman Empire's millennial celebrations of 248 AD, and provincial mints across Asia Minor — Magnesia ad Maeandrum among them — issued heavily during this period, partly in response to the festive demand for coinage. The magistrate name recorded here, Demostratos, appears in the epigraphic record for this city, anchoring the issue within a specific administrative moment rather than a generic civic emission.

Magnesia ad Maeandrum held the right of autonomous coinage under the conventus system, with Miletus serving as the administrative center for the district.