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Stater In the name of Alexander III

Issuer Sinope (Paphlagonia)
Year 230 BC - 200 BC
Type Standard circulation coin
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Reverse description Nike, the winged goddess of victory, stands in three-quarter pose facing left, her drapery rendered in fine detail. In her extended right hand she holds a wreath, while her left hand grasps a stylis (the naval steering-oar symbol). The legend ΑΛΕΞΑΝΔΡΟΥ runs to the right of the figure. In the left field a six-pointed star appears as a mint control symbol, and below the left wing the magistrate's initials ΔΙ over ΣΙ are inscribed, while a monogram appears below the right wing.
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Edge Plain
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Additional information

Sinope held a peculiar position in the post-Alexander monetary world: a nominally independent Black Sea city that nonetheless struck gold staters imitating Macedonian royal types decades after Alexander's death, well into the period when his successors were actively suppressing autonomous coinage across Asia Minor. These issues were almost certainly tied to Sinope's role as a critical commercial hub controlling Black Sea grain and fish-salting trade routes, where Alexandrine gold carried immediate transactional credibility that local civic coinage could not.

The Price 1661-type attribution places this among a loose grouping of posthumous provincial imitations rather than official Macedonian mint output — a distinction with real chronological weight given Sinope fell under Pontic pressure from Mithridates II around 220 BC.

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