Stater

Ambracia, the Corinthian colony on the Ambracian Gulf, struck Pegasus staters continuously from the late sixth century until the city's destruction by Rome in 167 BC — but the mid-fourth century issues, including this piece, coincide with the city's period of greatest political turbulence. The tyrant Periander had been expelled in the early fifth century, and Ambracia cycled through oligarchic and democratic factions for generations before eventually falling within the orbit of the Molossian kings of Epirus.

Ravel's die study remains the foundational reference for this series, with Colt 137 placing this emission within a well-documented sequence attributable to a specific workshop active in the 340s.