The monograms reported on the Greek coins are often interpreted as a monetary magistrates’ or engravers’ signature but this explanation appears insufficient in the presence of issues that carry a multiplicity of different monograms. From an analysis taken from a specific issue full of monograms, Ptolemy I Soter’s gold stater issue with on the obverse the king’s first portrait and on the reverse an elephant quadriga, derive different answers: the monograms appear to be numerical notations, numbers that helped to bring the count of the coins minted and of those which are in process of being minted.
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