Greek Coin/Medalion? - Coin Community Forum

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Author	Replies: 8 / Views: 6,211
HeadsIWin Valued Member United States 260 Posts	Posted 04/21/2011 11:09 pm I know this is 1963 Greek silver but is it a coin or medallion? Does anyone know who is depicted on it? I would appreciate any historic information. :) Also what is the denomination? Report this Post to the Staff

ikandiggit Pillar of the Community Canada 1166 Posts	Posted 04/21/2011 11:14 pm It a commemorative coin From Wikipedia: 1963 - Centennial of the monarchy 30 drachmas, silver. The obverse depicts five kings of the House of Glücksburg, 1863-1963. Clockwise from the top: Paul, George II, Alexander, Constantine I and George I. Report this Post to the Staff
HeadsIWin Valued Member United States 260 Posts	Posted 04/21/2011 11:19 pm That was quick! Ikandiggit, was stored in your head? Thank you! Report this Post to the Staff
HeadsIWin Valued Member United States 260 Posts	Posted 04/21/2011 11:20 pm Also about how much is 30 drachmas in U.S. currency? Report this Post to the Staff
HeadsIWin Valued Member United States 260 Posts	Posted 04/21/2011 11:22 pm Oh. I missed Wiki on the first reading of you reply. Report this Post to the Staff
ikandiggit Pillar of the Community Canada 1166 Posts	Posted 04/21/2011 11:28 pm Greece has Euros now. On ebay it's selling for about $27- $30 as a collectible. Report this Post to the Staff
HeadsIWin Valued Member United States 260 Posts	Posted 04/22/2011 11:37 am Thanks Ikandiggit. But what I mean is, is 30 drachmas a one dollar coin, a fifty cent coin, in U.S. currency? I am not asking for it's value. Report this Post to the Staff
epop Valued Member Greece 425 Posts	Posted 04/22/2011 2:13 pm As I am collector of both Greek and American coins I think 30 drachmas, by it's size it's more like a half dollar than a 1 dollar piece. Edited by epop 04/22/2011 2:13 pm Report this Post to the Staff
Sap Moderator Australia 16806 Posts	Posted 04/22/2011 8:07 pm As far as the face value equivalent in US dollars is concerned, the question is hard to answer. At the time this coin was issued, the Greek drachma was pegged to the US dollar at 30:1, so this coin was intended to be identical to a silver dollar. The Greek drachma is now obsolete, having been replaced with the euro in 2002, but between 1973 and 2000 Greece suffered from worse inflation than the US did, and the drachma was eventually pegged to the euro at 340.75:1 in 2000. Currently, if you convert US dollars to euros and then use that original conversion ratio of euros to drachmas, you get 30 drachmas equal to about 13 US cents. Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis Report this Post to the Staff
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