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48: Pantikapaion, Stater, gold

The god Pan from Pantikapaion, a Greek settlement probably founded by Miletus, on the Crimean peninsula in the very north of the Black Sea, today's southern Russia. The Greeks had a trade base there. From approximately 400 BC until the time of Alexander III. Pantikapaion produced a massive coinage in gold and silver. These coins were used for trading grain from Pantikapaion to Athens just as later there were special coins for the grain trade from Egypt to Rome. A coin which was exclusively minted for long distance foreign trade. This piece typifies the city's wealth. Pantikapaion was never under Persian rule but always within its cultural and economic influence. It traded with Athens as well as with the cities of the Aegean Sea. You see here a real "beau," a Silen looking almost like a dandy.