Ionian Islands Obol obverseObverse

Image: Wikimedia Commons · Engraver: W.Wyon / British colonial administration · CC BY-SA 3.0

Ionian Islands Obol

Greece

1819–1864

Reference data compiled from public catalogs

Market Price Range

$202.74$379.96$390.61

Based on 4 eBay listings · Prices vary by grade and condition

Estimated Melt Value

$0.12

Based on Copper spot price ($6.09/oz) · 95.0% purity · 9.4g

Updated 8:09 PM

Collector premium not included

Specifications

CountryGreece
Years Minted1819–1864
CompositionCopper
Weight9.4 g
Diameter28 mm
ShapeRound
EdgePlain

Design

Obverse

Depicts the Lion of St. Mark, a symbol associated with the Ionian Islands.

Reverse

Displays the denomination and the year of issue.

History & Notable Facts

The Ionian Islands obol was struck at the Royal Mint in London, a testament to how far British bureaucracy extended into Mediterranean affairs.

These copper coins, issued from 1819 to 1864, bore a lion emblem that evoked the protectorate's authority. On the obverse, the lion often appeared rampant; the reverse featured the denomination in Greek script. They were denominated in obols, an ancient unit repurposed for a modern protectorate, which meant they circulated alongside drachmas in local trade.

While exact mintage figures vanished in archival mishaps—perhaps during the 19th-century upheavals—we know production peaked in the 1830s to meet growing demand. Sizes varied, with the obol being small enough to slip into a pocket unnoticed.

The lion, by the way, looks more like a heraldic beast than the real ones I’ve seen in zoos.

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