Chalkon

Pharsalos was among the most powerful poleis of Thessaly throughout the fifth and fourth centuries, its influence grounded in control of the surrounding fertile plain and its ability to field substantial cavalry. Bronze small change of this type circulated within that domestic economy — the tagos system of Thessalian confederate politics meant that Pharsalos periodically dominated regional affairs, and local bronze coinage reflects the city's confidence in its own monetary authority during those intervals of ascendancy.

The Lavva reference cited here remains a relatively recent specialist study, and the "cf." qualification signals a die or weight variant not precisely paralleled in that corpus.