Tetradrachm In the name of Alexander III, Odessos

Odessos — modern Varna on the Bulgarian Black Sea coast — was a Milesian colony that outlasted Macedonian hegemony and continued striking Alexander-type tetradrachms well into the first century BC, long after the Argead dynasty had collapsed. These posthumous issues were a commercial currency, not a political statement; the Alexander type had simply become the trusted trading coinage of the western Pontic region, and local merchants expected it. The city's continued output reflects its role as a significant grain-export hub connecting the Thracian interior to Aegean markets.

Price 1181 places this issue among the later Odessos group, distinguished by specific monogram placements refined through die studies by Thompson and later Kostial.