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Stater In the name of Lysimachus

Issuer Byzantion (Thrace)
Year 240 BC - 230 BC
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Orientation Variable alignment ↺
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Reverse script Greek
Reverse lettering ΒΑΣΙΛΕΩΣ ΛΥΣΙΜΑΧΟΥ
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Additional information

Byzantion struck posthumous gold staters in the name of Lysimachus — the Macedonian general who had died at Corupedium in 281 BC — as a deliberate political currency rather than mere imitation. The city had no dynastic claim to his name; invoking it was a commercial calculation. Lysimachus's types had become the dominant hard currency of the northern Aegean and Pontic trade networks, and Byzantion, controlling the Bosphorus toll, needed coinage that merchants from Thrace to the Black Sea colonies would accept without question.

By the 240s, dozens of mints from Thrace to Asia Minor were producing these posthumous issues. Distinguishing Byzantion's output relies heavily on control marks and die studies such as Marinescu's corpus.

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