Drachm

The Magnetes were a Thessalian people whose federal coinage of the mid-first century BC was struck during one of the most turbulent decades the Greek world had experienced in generations — the years immediately surrounding the Roman civil wars that culminated at Pharsalus in 48 BC. Thessaly became a direct theater of that conflict, with Caesar and Pompey both drawing heavily on the region for supplies and troop movements.

The tight date range of 47–46 BC suggests this issue belongs to a brief resumption of civic minting following the disruption of war, possibly as the region stabilized under Caesarian authority.