Æ38 - Philip I ΕΠ ϹΤ ΚΛ ϹΚΡΕΙΒΩΝΙΑΝΟΥ ΦΩΚΑΙΕΩΝ

Philip I's reign coincided with Rome's millennial celebrations in 248 AD, and provincial mints across Asia Minor issued heavily during this period to meet demand for commemorative and civic coinage. The strategos named in this coin's legend — Cl. Scribonianus — is otherwise poorly documented, leaving his precise tenure and administrative role within Phocaea a matter of inference from the coinage itself. Phocaea, a city whose earlier electrum coinage had helped establish the concept of fiduciary currency in the ancient Mediterranean, was by Philip's time producing large civic bronzes of this module primarily for local ceremonial and market use.