Oh, probably means maritime city - nauarchides. Only refrence found for this is Ezechiel Spanheim, Dissertationes De Praestantia Et Usu Numismatum...
But what does NAY APXIΔOΣ nau/arcidos mean? A term of praise for the city I don't know, or related to seashell - arcidae, arcoida in place of murex?
Separate names with a comma.