Drachm

Korkyra — modern Corfu — was among the earliest Greek colonies to strike its own silver coinage, having broken from its Corinthian founders with enough economic independence to do so by the late seventh century. The colony's persistent friction with Corinth, which culminated in the naval battle of 664 BC traditionally cited as the first recorded sea battle in Greek history, gave Korkyra strong incentive to assert monetary autonomy early.

HGC 6, 40 places this type among the archaic series produced before Korkyra's coinage fully standardized — a period when local die-cutters were still working out conventions borrowed imperfectly from the Corinthian model.