SICILY. Syracuse. Timoleon and the Third Democracy, 344-317 BC. Stater (Silver, 21 mm, 8.36 g, 2 h). Pegasos flying left. Rev. ΣYPAKOΣIΩN Head of Athena to right, wearing Corinthian helmet. Calciati 2. SNG ANS 496ff. Nicely toned. Flan flaw above Pegasos, and the reverse struck somewhat off center, otherwise, very fine.

Timoleon was sent to Syracuse by Corinth to help its colony in a perilous war against Hiketas of Leontinoi and the Carthaginians. The general quickly defeated Hiketas. In 339, although greatly outnumbered, he won a remarkable victory over a Carthaginian army at the Krimissos river. Timoleon then established a new, democratic constitution in Syracuse and retired from public offices. It was during this time that Syracuse introduced a new type to its coinage - the Corinthian Pegasos - to honor the help it had received from the great Corinthian general