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Tetradrachm

Issuer Ainos
Year 461 BC - 458 BC
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Technique Hammered, Incuse
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Reverse description Within a shallow incuse square, a he-goat (the civic symbol of Ainos) strides to the right in lively motion, its long curved horns swept back and its beard rendered in fine detail. Beneath the goat's raised hindquarters, in the lower right field, appears a small facing gorgoneion mask with a bearded visage, serving as a subsidiary type. Above the goat, the abbreviated ethnic legend ΑΙΝΙ is disposed across the upper field in large archaic Greek letters. The entire composition is contained within a recessed square punch characteristic of early fifth-century Thracian coinage.
Reverse script Greek
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Additional information

Ainos — a Thracian coastal city near the mouth of the Hebros River — struck these tetradrachms during a period when the city functioned as a significant transit point for Thracian interior trade, particularly in slaves and timber moving toward the Aegean. The dating places production squarely in the years Athens was consolidating Delian League control across the northern Aegean, a pressure that eventually forced Ainos into tributary status.

The May reference numbering reflects J.M.F. May's exhaustive 1966 die study, which remains the definitive sequence for Ainetan coinage. May identified distinct die pairings across this narrow window — the 37–39 grouping represents a transitional phase in the series.

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