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Drachm

Issuer Aegina
Year 350 BC - 338 BC
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Currency Aeginetic drachm
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Obverse script Greek
Obverse lettering Α Ι
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Additional information

Aegina's drachms from this late period carry the weight of a city-state in political freefall. Aegina had been stripped of its autonomy by Athens in 457 BC, its population expelled, and the island resettled with Athenian cleruchs — yet coinage resumed under Spartan sponsorship after 404 BC. By the 350s, Aegina was maneuvering between Macedonian expansion and the fracturing alliances of the Second Athenian League, which formally collapsed after the Social War of 357–355 BC.

The 338 BC terminus aligns with Chaeronea, after which Macedonian hegemony effectively ended independent Aeginetan monetary policy.

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