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16 NUMISMATIC CHRONICLE.the number of dies in use at Kos at this period, and presumablytherefore the number of coins issued, must havebeen comparatively small. 1More important, however, is the clue given by the diesto the sequence of the magistrates.A close examinationof 1 and 17 shows that the obverse die was more wornwhen used for 1 than when used for 17. Similarly, 4was struck when the obverse die was more worn than inthe case of 10, 11, and 12. Hence it appears that bothHieron and Kallippidas used the old obverse dies ofPhilinos. The sequence of the coins of Nikagoras andPhilinos is even clearer. Not only does 5 show a fresherstate of the obverse die than 13 and 14, but it appearsfrom comparison of the reverses of 5, 6, and 7, that 5 wasthe latest struck of the three :6 is the earliest, and on 7 aflaw in the reverse die begins to show, which is still moremarked on 5.The conclusion is that 6 and 7 were struckfrom the same dies, after which the obverse die failed(there is a slight suggestion of a split developing in thedie on the obverse of 7),and a new obverse die was usedfor 5 which lasted out 'the term of office of Nikagorasand was handed over to Philinos.Itmay be considered that the latter part of the aboveargument is rather hypothetical, and might be weakenedif it were assumed that the dies were not used in regularsuccession. But in any case there seems to be sufficientevidence from the dies that Nikagoras preceded Philinos,I have not invited any mathematician to undertake the intricate1work of calculating the probable number of dies used ;but I wouldrefer for comparison to my paper on " Alexandrian Tetradrachms ofTiberius " in the Numismatic Chronicle for 1910, p. 333. In the hoarddiscussed there I found two pairs from the same obverse and reversedies out of 136 coins ;in the present hoard there are three pairs out of21 coins ; i.e.nearly ten times as many pairs in proportion to the totalnumber of coins.