Greek coins often carried a symbol that was representative of the city in which they were minted – a city badge making it easier to identify the coinage as being official tender from that city. The Corinthian Pegasus is no exception. In Greek mythology Pegasus was an immortal winged horse who sprang from the blood of the Gorgon Medusa as she was being beheaded by Perseus. Pegasus’ father was Poseidon. Pegasus answered to no one, until he encountered Bellerophon, who with the aid of a golden bridle given to him by Athena, tamed the horse. Bellerophon and Pegasus together were responsible for the killing of the Chimera, a fire-breathing monster who was terrorizing the territory. Bellerophon later became King of Corinth, entwining the city forever with the flying horse and the goddess of wisdom.
Corinth. 345 - 307 BC. Silver stater. Obverse: Athena facing left wearing Corinthian helmet. The capital letter B is below her chin. Reverse: Pegasus flying left. Koppa (Q) beneath Pegasus. 18kt yellow gold mounting depicting Pegasus on bezel and bail.