Hemidrachm

Chersonesos, the Thracian Chersonese, was a strategically critical peninsula controlling access between the Aegean and the Black Sea — and its hemidrachms circulated so extensively that they became effectively a regional trade currency across the northern Aegean for well over a century. The type was produced by multiple cities across the peninsula under shifting Athenian, Macedonian, and local authority, which accounts for the enormous variety of obverse die treatments and the inconsistent countermark placement on reverses.

Philip II formally annexed the Chersonese around 338 BC, ending independent civic coinage there.