Drachm - Phagetas

Sinope was among the most commercially active Greek colonies on the Black Sea coast, and its silver coinage circulated widely through Pontic trade networks well into the Hellenistic period. The magistrate name Phagetas appears on a narrow group of issues from this late classical phase, during which Sinope still maintained nominal autonomy before falling under increasing Pontic pressure in the third century.

The multiple catalog concordances — BM, Stancomb, HGC, Traité — reflect decades of scholarly effort to untangle Sinopean magistrate sequences, which remain only partially resolved.