Bismuth Coin of Panticapaeum

The Bismuth Coin of Panticapaeum is an Ancient Greek coin minted in Panticapaeum, the capital of the Bosporan Kingdom. Based on an analysis of the history of minting in Panticapaeum, this coin was most likely minted during the reign of Satyrus II from 310 to 309 BCE. After his death, the minting of such coins likely ceased. It is 45.9% bismuth. It weighs 0.94 grams and has a diameter of . Its design is inverted, characteristic of ancient Greek cities in the northern Black Sea region, particularly Olbia, in the 4th century BC. The bismuth in the coin was likely mined from a geothermal spring and mistaken for silver.

On the obverse of the coin is a cup, which is typical for Panticapaeum coins. On the reverse is a griffin, symbol of the polis Panticapaeum, typically depicted on Panticapaeum coins from 350–300 BCE.