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   View Categories Home > Catalog > |Greek Coins| > |Geographic - All Periods| > |Thrace & Moesia| > |Olbia| > GB68003
Olbia, Sarmatia, c. 330 - 250 B.C.
|Olbia|, |Olbia,| |Sarmatia,| |c.| |330| |-| |250| |B.C.|,
Olbia, a Milesian colony in what is now Ukraine, was settled in the late 7th century B.C. and endured for a millennium. At the convergence of two rivers, about 15 miles inland from the Northwest coast of the Black Sea, it was well located for trade. Olbia was a prosperous trading city and major grain supplier when it was visited by Herodotus in the 5th century B.C. By the end of the 3rd century, the town had declined and accepted the hegemony of King Skilurus of Scythia. It flourished under Mithridates Eupator, but was sacked by the Getae under Burebista, abruptly ending its economic prominence. Olbia was restored by Rome, but on a small scale, and incorporated into the province of Lower Moesia. After being burned at least twice during the Gothic Wars, the town was abandoned in the 4th century A.D.Map of Ancient Greek colonies on the northern coast of the Black Sea
GB68003. Bronze AE 21, Karyshkovskij Olbia pl. CLI (1 spec.); SNG BM 451 ff. var., SNG Stancomb 367 ff. var., SNG Cop 85 ff. var., BMC Thrace p. 11, 4 ff. var., VF, encrustation, corrosion, Olbia (Parutino, Ukraine) mint, weight 8.604g, maximum diameter 20.8mm, die axis 270o, c. 330 - 250 B.C.; obverse head of bearded and horned river god Borysthenes left; reverse OΛBIO (upwards on right), axe scepter and bow in bowcase, monogram left; SOLD











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