Triton XVI, Lot: 37. Estimate $150. Sold for $280. This amount does not include the buyer’s fee.

SKYTHIA, Olbia. Circa 360-350 BC. Æ (18mm, 5.23 g, 12h). Head of Tyche right, wearing mural crown and wreath / Archer crouching left, drawing bow; ΣΩΣTPA to right, [O]ΛBIO below. Anokhin 222; Karyshkovskij p. 410, Таб. XII=A, 1–5; Frolova & Abramzon 1299–324; SNG BM Black Sea 536–7; SNG Pushkin 142–6; SNG Stancomb 402; Sutzu II 180–1. VF, red-brown patina, some roughness.

From the Alex Shubs Collection.

This archer coinage was struck during a period of conflict between Olbia and Chersonesos. It is interesting that an archer is on the reverse of contemporary issues at Chersonesos, but facing in the opposite direction (cf. Anokhin 654). Olbia was unsuccessful in this conflict, and the victory of Chersonesos was reflected in that city’s quadriga-hoplite coinage (cf. Anokhin 658; see also Lot 122 below).