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Pegasus was depicted on coins starting in Ancient Greece, these examples are from Syracuse Sicily:

 

sirakusa4.jpg

 

 

This is an 8 Litrai from the reign of Agathokleos (317-289BC)

 

sirakusa5.jpg

 

And a hemilitron from the era of Timoleon or the Third Democracy in Syracuse ca. 344-317 BC

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