MACEDON. Apollonia. Circa 187-late 2nd century BC. (Bronze, 22 mm, 6.92 g, 1 h). Wreathed head of Dionysos to right. Rev. ΑΠΟΛΛΩΝΟΣ Amphora. SNG ANS 224-6. SNG Copenhagen 133. Dark green glossy patina. Carefully overstruck; almost no traces of the undertype visible; minor die break on the reverse, otherwise, good very fine.
The majority of the coins of "Apollonia" are overstruck. As planchets were used coins issued by Ptolemy Keraunos (SNG ANS 224-226), eldest son of Ptolemy I of Egypt, and for a limited time King of Macedon (281-279). These coins were wrongly attributed to Paroreia by misinterpretation of the monogram on the reverse. It has been supported that this type is actually the first and only issue of the pre-Roman Cassandreia.