Drachm - Alexander

Pherai's dominance in Thessaly during this period was inseparable from the tyrant Jason, who had unified the region as tagos before his assassination in 370 BC. The city continued issuing coinage under his successors — Alexander of Pherai, whose decade-long rule was marked by extraordinary brutality and near-constant warfare against the Thessalian league and its Theban backers. Pelopidas led two Theban expeditions specifically to check Alexander's power, dying at the Battle of Cynoscephalae in 364 BC in the effort.

Alexander was ultimately killed by his wife's brothers in 358 BC, ending the dynasty's grip on the region entirely.