Drachm

Knossos maintained its mint into the late fourth century despite being militarily subordinate to, and frequently in conflict with, Lyttos — its chief rival on Crete. The city's continued coin production during this period reflects less civic prosperity than political necessity: coinage was essential for paying mercenaries, and Cretan cities of this era exported soldiers to every major power in the eastern Mediterranean.

Svoronos's classification of this type drew heavily on hoards recovered from the island in the nineteenth century, several of which suggest these drachms circulated well beyond Crete.