The site near Marcellina which is now identified as Laüs was possibly a refoundation of the Greek city by Lucanians on a previously unoccupied site. The city was downsized gradually and abandoned in the second half of the third century BCE. This was probably caused by the Punic Wars, which had a profound impact on the economy of the Tyrrhenian coast. The only material evidence of the Archaic Greek city consists of some silver coins with the legend LAFINON and symbols similar to those of the coins of Sybaris, dated between 500 and 440 BCE.