MACEDON, Chalkidian League. Circa 358-355 BC. Tetradrachm (Silver, 24 mm, 14.47 g, 6 h), Olynthos. Annikas, magistrate. Laureate head of Apollo to right. Rev. XAΛ-KIΔ-EΩN / EΠI ANNIKA Kithara with seven strings. Robinson & Clement 123 (A77/P106). SNG ANS 510 (same obverse die). An exceptional piece, beautifully toned and with a fine style head of Apollo struck in high relief. Very minor flan faults, otherwise, good extremely fine.


The Chalkidian League was formed when several cities on the Chalkidiki broke away from Athenian rule early in the Peloponnesian War of 431-404. Its capital was the newly founded city of Olynthos, strategically located on a plain that linked the Pallene and Sithonia peninsulas and home to the mint of its beautiful silver coinage. The League became a major regional power in the 4th century BC, but it was dissolved in 348 BC after Philip II of Macedon captured and destroyed its capital, Olynthos.