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Tetradrachm

Issuer Athens (Ancient Greece)
Year 420 BC - 330 BC
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Shape Round (irregular)
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Reverse lettering ΑΘΕ
(Translation: Athens.)
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Mint Athens Mint
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Additional information

By the mid-fifth century, the Athenian tetradrachm had become the dominant trade coin of the eastern Mediterranean — so trusted that foreign cities and satraps struck deliberate imitations rather than issue their own designs. The "owls" circulating in this period were explicitly not updated when Athenian artistic style evolved; conservatism was monetary policy. Merchants from Egypt to the Levant expected the archaic types and would have distrusted anything that looked newer.

The specific reference to Svoronos Plate 108, 5 places this among the later "pi-style" or transitional New Style precursor issues, where subtle die variations in the ethnic lettering and control marks allow reasonably precise workshop attribution.