Stagira (Macedonia) - AR third stater
AR third stater, circa 530-520 B.C.
Three floral ornaments and male head right radiating from central pellet in circle, divided by pellets.
Rough incuse square.
2,75 g. Cf. A. P. Tzamalis, Uncertain Thraco-Macedonian Coins, in Nomismatika Cronika 16 (1997) 28 ; cf. SNG ANS 730 (stater with bearded head left) ; HGC –. Good archaic style. Extremely rare. Very fine
Stagira, located in Chalkidiki, on the Strymonic Gulf, was founded in 656 B.C. by settlers from Andros, an island in the Cyclades. In 480, it was occupied by the Great Achaemenid King Xerxes I. It entered the Delos league but, with the neighbouring city of Acanthos, defected in 424, convinced by the promises of the Spartan Brasidas, and joined the Chalcidian league with Olynthe in particular. Athens then sent the demagogue Cleon as a strategist to take the city, but he failed.
Philip II of Macedonia, then struggling with the Chalcidians, succeeded in taking the city in 348 B.C. and had it destroyed. In homage to Aristotle, tutor of his son Alexander and native of the city, he restored it a few years later.
The type of obverse of these coins is also known as "roses of Pangaion" because they were originally attributed to the Perea of Thasos whose inhabitants worked in the silver mines of Mount Pangaion. The attribution of these pieces to Stagira is probable but not certain.