Stater

Leukas occupied a strategically awkward position — technically an island only because the Corinthians cut a canal through the narrow isthmus connecting it to the Akarnanian mainland, probably in the seventh century. That colonial relationship with Corinth explains the Pegasos coinage type entirely: Leukas adopted it directly from its metropolis and maintained it with unusual consistency across nearly two centuries of production. The specific dies placing this piece in the 375–350 window correspond to a period when Leukas was repeatedly dragged into conflicts between Sparta, Athens, and the Akarnanians despite its modest size.