Æ34 - Trajan ΝΑΥΚΡΑΤΙϹ, L ΙΓ

Naukratis was the only Greek city in Egypt permitted to mint coins under Roman administration — a privilege rooted in its ancient status as the sole authorized Greek trading port under the Saite pharaohs, centuries before Alexandria existed. The city's coins circulated within Egypt's closed currency system, where Roman silver was systematically excluded in favor of locally controlled bronze and billon.

The regnal year ΙΓ (year 13) places this strike in 109/110 AD, during a period when Trajan was preoccupied with his first Dacian campaign's aftermath and the administrative consolidation that followed.