Around the mid-5th century B.C. Skepsis started to mint silver coins based on the drachm and it's fractions. On some of the autonomous silver coinage, ca. 450 BC, coins started to bear the letters NE or N. Dr. Imhoof-Blumer thinks that these letters could mean 'ΝΕΑ' (as in New) Skepsis, since it is mentioned by Strabo that the original home of the Skepians was actually Palae-Skepsis. Barclay Head however argues that there is no evidence that this town was ever formally called "Nea Skepsis". He suggests that the letters NE could be from the town of 'Neandria', nearby Skepsis (see the map). This would mean that Skepsis struck coinage in some sort of alliance or Homoneia with Neandria. Neandria however did not strike any coins indicating a Homoneia with Skepsis which makes this a bit strange. A clear explanation can therefore not be fully given. Skepsis mainly struck coins bearing on the obverse a fore-part or a part of a winged horse, and on the reverse a fir-tree. The horse most probably is Pegasos. The tree is sometimes called a palm by numismatists, but is actually a type of conifer, most probably a fir. It is most likely a tree from the forest of Mount Ida where Skepsis is located, no mythological significance is known of the tree. Troas, Skepsis. AR Hemiobol. Circa 450 B.C. Homoneia with Neandria (?) Obverse: ΣΚ Head of horse or Pegasos (?) to right. Reverse: N-E (retrograde). Fig-Tree within linear square border within dotted square border, all within incuse square. Reference: BMC -. Cf. SNG Copenhagen 469. 0.31g; 8mm These Homoneia coinage were struck in several denominations of silver. Mostly drachms and hemidrachms, in lesser amounts obols, and in even lesser amount hemiobols, such as my coin above, which makes this fraction very rare. Please share your coins of Skepsis, Neandria and any Homoneia / alliance coins of other cities in the Greek world or Asia Minor!