Triobol - Phaenou

Argos struck silver fractions through much of the Hellenistic period under the authority of annually rotating magistrates, whose names appear as the primary means of dating these issues. Phaenou is among the lesser-documented of these magistrate names, which places this piece toward the sparser end of the civic series. The triobol denomination — half an obol short of a drachm — saw genuine commercial use in the Argolid market economy, not ceremonial or gift circulation.

By the late second and early first century BC, Argos operated under Roman suzerainty following the dissolution of the Achaean League in 146 BC.