Its port and its position at the junction of several sea-routes, made it a town of commercial importance. It became famous because of its resistance to Philip II of Macedon in 340 BC. Many of its coins have survived, and identify the festivals held there.
The port and its position as a crossroads for trade made this town economically significant. Its resistance against Philip II of Macedon in 340 BC is well-known, and coins from the town offer insights into the festivals celebrated there.