Stater - Krat

Thebes issued coinage during a period when the city held genuine military supremacy over Greece — a window opened by Epaminondas's destruction of Spartan dominance at Leuctra in 371 BC and closed permanently at Chaeronea in 338 BC, when Philip II of Macedon effectively ended Theban power. The magistrate abbreviation "Krat" on this stater most likely references a sitting Boiotarch, the annually rotating federal magistracy that controlled both military and monetary authority in the Boiotian League.

The BCD collection remains the benchmark reference for Boiotian coinage; the "var." designation against both BCD 573 and SNG Copenhagen 344 suggests a die pairing not precisely duplicated in either corpus.