Stater

Phaselis was a Lycian coastal city that owed its prosperity almost entirely to its three harbors, and its coinage circulated heavily through eastern Mediterranean trade networks during the fourth century. The city maintained enough political independence to strike its own silver through the Achaemenid period, even as neighboring Lycian dynasts consolidated control across the region. Phaselis formally surrendered to Alexander the Great in 334 BC without resistance, reportedly sending him a golden crown — after which its autonomous coinage ceased.