Drachm

Saguntum's minting of drachms in Iberian style reflects the city's complicated post-Punic War position — formally allied with Rome yet operating well within indigenous Edetani cultural and commercial networks. These coins circulated through the eastern Iberian littoral during a period when Rome was still debating how aggressively to monetize its Hispanian provinces, leaving local mints considerable latitude. The Arse legend, the pre-Roman toponym, persisted on coinage long after the city was rebuilt under Roman patronage following Hannibal's destruction of it in 219 BC.

The ACIP 1965 attribution places this firmly within the later phase of the series, when fabric and weight standards began compressing under Roman monetary influence.