Stater - Rhescuporis II Caracalla

Rhescuporis II ruled the Bosporan Kingdom as a client of Rome, and his coinage reflects that dependency directly — Caracalla's portrait appeared on Bosporan staters as a diplomatic gesture, acknowledging the emperor whose favor kept the dynasty in power. Caracalla was assassinated in April 217, making 218 a transitional year when the Bosporan mint was effectively commemorating a dead emperor while Macrinus briefly held power in Rome. The electrum content of Bosporan staters had been declining for generations by this point, a slow debasement that accelerated through the third century.