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In 1986, aluminium-bronze 50-drachma coins were introduced, followed by new, smaller copper 1-drachma (Laskarina Bouboulina) and 2-drachma (Manto Mavrogenous) pieces in 1988 and aluminium-bronze coins of 20 drachmes (Ioannis Kapodistrias) and 100 drachmes (Alexander the Great) in 1990. In 2000, a set of 6 themed 500-drachma coins were issued to ...
The two coins minted in 1990 celebrate the 50th anniversary of the Italian invasion in Greece in World War II. The 28th of October is celebrated every year as a national holiday in Greece. 1,000 drachmas, silver, soldiers with horse, 28 October 1940; 20,000 drachmas, gold, soldiers with horse, 28 October 1940
The drachma was the standard unit of silver coinage at most ancient Greek mints, and the name obol was used to describe a coin that was one-sixth of a drachma. [2] The notion that drachma derived from the word for fistful was recorded by Herakleides of Pontos (387–312 BC) who was informed by the priests of Heraion that Pheidon , king of Argos ...
The three most important standards of the ancient Greek monetary system were the Attic standard, based on the Athenian drachma of 4.3 grams (2.8 pennyweights) of silver, the Corinthian standard based on the stater of 8.6 g (5.5 dwt) of silver, that was subdivided into three silver drachmas of 2.9 g (1.9 dwt), and the Aeginetan stater or didrachm of 12.2 g (7.8 dwt), based on a drachma of 6.1 g ...
Known as the "Historical issue", it was issued in three phases. Its first phase, issued on 1 November 1937, was a set of four stamps which depicted King George II, including values of 1 drachma and 3, 8 and 100 drachmae. The 3 drachmae value represented the domestic postal rate, and the 8 drachmae value the international postal rate. [19] On 1 ...
Ancient drachma, an ancient Greek currency; Modern drachma, a modern Greek currency; Cretan drachma, currency of the Cretan State; Drachma, a moth genus; See also
The tetradrachm (Ancient Greek: τετράδραχμον, romanized: tetrádrachmon) was a large silver coin that originated in Ancient Greece. It was nominally equivalent to four drachmae . [ 1 ] Over time the tetradrachm effectively became the standard coin of the Antiquity , spreading well beyond the borders of the Greek World.
During this era, an obol purchased a kantharos and chous (3 L or 100 US fl oz) of wine. [8] Three obols was a standard rate for prostitutes. In the 4th century BC, bronze obols were first minted, which were generally larger due to bronze being a less precious metal than silver, thus needing a larger amount to produce an equivalent coin.