Stater

Naxos was the largest and wealthiest of the Cycladic islands during the Archaic period, its prosperity built on marble quarrying and a dominant position in Aegean trade. That wealth ended abruptly in 490 BC when the Persian fleet under Datis razed the city and enslaved its population — a punitive expedition that preceded Marathon by weeks. Coins struck before that destruction and those after represent two very different economic realities on the same island.

The HGC listing as a variety suggests this piece diverges from the principal die sequence, likely in the incuse punch configuration on the reverse.