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26 NUMISMATIC CHKONICLE.identification before him. It has since been reassertedby Pais, 11 and adopted by Eegling in hisrecent monograph on the 12Coinage of Terina.It is quite true that from its insertion on a part ofthe design, and from its small dimensions, the inscriptionconforms to the class of artists' signatures. But at thesame time, the fact must not be overlooked that inscriptionssupplying the names or epithets of divinities dooccur on coins in similar positions and in equally smallcharacters. The coinage of Metapontion supplies aseries of examples of such descriptive titles minutelywritten on the truncation of the necks of the obverseheads, such as f-vriEiA, NIKA, APOA, alternating withsignatures of engravers in the same position.AtKatane, too, we find a similar parallelismin the twoclasses of inscriptions.On the other hand, as already noted, so far as thestyle and size of the letters go, no distinction can bedrawn between the characters on the base and thoseof the TESINA . .above. In both cases theyand fine ; indeed,are smallit looks as if the artistic sense of theengraver revolted against any too conspicuous letteringof any kind. The A~1H is thus on all-fours with theother inscription, and, as shown above, the fact that itis engraved on a part of the design, is not of itselfconclusive. Under these circumstances, Lenormant'ssuggestive comparison between ATM and the AQVAEhad then to deal was that of Millingen (Ancient Coins of Greek Cities,p. 43, &c.), founded on a wrong interpretation of "Aprjs in Lykophron(Rathgeber, Grossgriechenland und Pythagoras, p. 6, and Tzetzes, s.v.).11Op. cit., p. 14, n. 1.12Op. cit., p. 39 " An so verborgener Stelle wird eine erklarende:Beischrift nicht angebracht."