Ancona was founded by Greek settlers from Syracuse about 387 BC, who gave it its name: Ancona is a very slightly modified transliteration of the Greek Αγκων, meaning "elbow"; the harbour to the east of the town was originally protected only by the promontory on the north, shaped like an elbow. Greek merchants established a Tyrian purple dye factory here. In Roman times it kept its own coinage with the punning device of the bent arm holding a palm branch, and the head of Aphrodite on the reverse, and continued the use of the Greek language.
When it became a Roman colony is doubtful. It was occupied as a naval station in the Illyrian War of 178 BC. Julius Caesar took possession of it immediately after crossing the Rubicon. Its harbour was of considerable importance in imperial times, as the nearest to Dalmatia, and was enlarged by Trajan, who constructed the north quay with his Syrian architect Apollodorus of Damascus. At the beginning of it stands the marble triumphal arch with a single archway, and without bas-reliefs, erected in his honour in 115 by the Senate and Roman people.
Ancona was successively attacked by the Goths, Lombards and Saracens between the Third and Fifth Centuries, but recovered its strength and importance. It was one of the cities of the Pentapolis of the Roman Exarchate of Ravenna in the Seventh and Eighth Centuries. After Charlesmagne's conquest of northern Italy, it became the capital of the Marca di Ancona, whence the name of the modern region. After 1000, Ancona became increasingly independent, eventually turning into an important maritime republic (together with Gaeta, Trani and Ragusa, it is one of those not appearing on the Italian naval flag), often clashing against the nearby power of Venice. An oligarchic republic, Ancona was ruled by six Elders, elected by the three terzieri into which the city was divided: S. Pietro, Porto and Capodimonte. It had a coin of its own, the agontano, and a series of laws known as