Drachm

Issuer Olbia (Skythia)
Year 200 BC - 190 BC
Type Standard circulation coin
Value Drachm (1)
Currency Drachm
Composition Silver
Weight 3.55 g
Diameter 17 mm
Thickness
Shape Round (irregular)
Technique Hammered
Orientation Variable alignment ↺
Engraver(s)
In circulation to
Reference(s) Anokhin#459 Sea#620-621 , SNG Moskau#2123 , HGC 3.2#1866 , SNG Stancomb#
Obverse description Laureate head of Apollo to right.
Obverse script
Obverse lettering
Reverse description Kithara.
Reverse script Greek
Reverse lettering ΟΛBIO Π Y Yθ
Edge
Mint
Mintage ND (200 BC - 190 BC) - -
Numisquare ID 9499448980
Additional information

Historical Context: Olbia, a vital Greek colony on the northern Black Sea coast within Skythia, issued this silver drachm (200-190 BC). This Hellenistic period, following Alexander's death, saw Olbia navigating pressures from nomadic tribes and larger Hellenistic powers. Continuous silver drachm minting underscores Olbia's economic significance as a trading hub between Greek and Scythian cultures, asserting civic autonomy through stable currency.

Artistry: The drachm's artistry, characteristic of a provincial Hellenistic mint, reflects broader Greek numismatic traditions. The anonymous engraver typically depicted a prominent deity on the obverse, often Demeter or Apollo, with local interpretation. The reverse commonly features an emblematic device, such as an eagle standing on a dolphin, symbolizing Olbia's maritime importance. Stylistically, it blends Hellenistic idealization with local character.

Technical/Grading: Weighing 3.55 grams and 17 millimeters, this silver drachm aligns with standard Olbian coinage, indicating consistent minting. High-points for grading include the highest relief areas of the obverse portrait (e.g., hair, facial features) and the reverse (eagle's plumage, dolphin's form). Strike quality varies; minor off-centering or flatness, particularly on edges or legends, is common due to die wear or less precise striking. Fabric integrity and device clarity are key technical quality indicators.

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