Akarnania, Leukas. Silver stater, c. 350-320 BC 8.64 g, 22 mm, die axis 6 h.

Akarnania, Leukas. Silver stater, c. 350-320 BC 8.64 g, 22 mm, die axis 6 h. Obv. Pegasos flying left. Head of Athena left, wearing Corinthian helmet with neck-guard; behind head, kerykeion; in right field, Λ. Ref. Calciati Pegasi 84; cf. SNG Fitzwilliam 2506. Nicely centred on a broad flan, with the kerykeion and clear lambda identifying the Leukas mint of Akarnania. Light cabinet tone over underlying silver, minor obverse flatness but the reverse portrait remains sharp in the key details. A well-preserved example of this scarcer Leucadian issue. Ex. Egger XXIII, 366 (11/23/1909), Ex. Ars Classica XV, 789 (7/2/1930)

After about 325 BC the island city of Leukas joined other Ionian-colonised towns of Akarnania in striking Corinthian-standard “Pegasos” staters for regional trade. While the flying horse proclaimed the traditional connection with Corinth, the reverse symbols allowed each mint to mark its output; Leukas chose the kerykeion, emblem of Hermes the patron of commerce, paired with the local initial Λ. These staters circulated widely along the Ionian coast and across the Adriatic, illustrating the commercial reach of the Akarnanian League in the early Hellenistic age.