Would this make it even more likely in your eyes? Cities commonly chose Gods that sounded like their name to be patrons (like Athena for Athens, Roma for Rome) I believe that they chose Pan as their Patron. Therefore, I would lean towards this piece showing Pan.
I just checked... all Greek Cities had a Patron... most of whom were put on their coins (if not, a symbol of them was in almost all cases) Many in Asia Minor had the Patron of Tyche... Ephesus was Artemis.... This was a Greek City.... So it had a Patron.
Run-of-the-mill Satyr Hey whats wrong with Run-of-the-mill satyrs? Thrace, Thasos AR Obol (0.80g) c. 450-425 BC Obverse: Naked Satyr kneeling left presenting Kantharos Reverse: Amphora- THASIWN
One big advantage that coin has over 95% of similar coins on the market is that it is all original. One big problem with coins coming out of Ukraine is that they are often altered to smooth corroded surfaces at some point after they are excavated. Most of my Black Sea coins have smoothed surfaces - a harsh reality because of where they are from soil wise and how they are handled afterwards. Some of them like my Tyras AE are just so rare that I would even take an altered example if I could find another one.