Drachm

Xanthos was the dominant city of ancient Lycia, and its coinage of this period reflects the region's unusual political status — nominally under Achaemenid Persian suzerainty yet functionally autonomous, with local dynasts issuing their own silver. The 360s and 350s BC were a period of particular tension in Lycia, as the broader Satraps' Revolt drew regional powers into shifting alliances against Artaxerxes II. Whether the Xanthian authorities who struck this piece were aligned with or against the Persian crown at the moment of minting is genuinely unclear from the numismatic record.

Lycian coinage as a class presents persistent attribution difficulties, with many pieces long assigned to Xanthos later reassigned to neighboring dynasts as die studies have advanced.