Obol

The Perrhaiboi were a Thessalian tribal federation whose coinage, struck through much of the fifth century, functioned across a region perpetually caught between the ambitions of Macedon to the north and the dominant Thessalian dynasts to the south. Their small silver fractions circulated in a zone where civic identity and tribal allegiance were often more meaningful than any formal polis structure. SNG Copenhagen 195 is the standard reference anchor for this type, though die studies suggest output was modest and probably episodic rather than continuous.