First Phoenix obverseObverse

Image: Wikimedia Commons · Hatzigrigoris Pyrovolistis (1828) (engraver) · CC BY-SA 3.0

First Phoenix

Greece

1832–1833

Reference data compiled from public catalogs

Estimated Melt Value

$14.22

Based on Silver spot price ($79.27/oz) · 90.0% purity · 6.2g

Updated 6:36 PM

Collector premium not included

Specifications

CountryGreece
Years Minted1832–1833
Composition0.900 silver
Weight6.2 g
Diameter23 mm
ShapeRound
EdgeReeded

Design

Obverse

Features the crowned shield with the Greek coat of arms.

Reverse

Depicts the denomination surrounded by a wreath and the Phoenix bird.

History & Notable Facts

The First Phoenix coins of 1832-1833 were struck on planchets recycled from melted Spanish reales and other foreign silver, a shrewd reuse in a cash-strapped new nation.

This made sense for Greece, fresh from independence and low on resources. The obverse bore a phoenix rising from ashes, a bold emblem of rebirth that wasn't just symbolic—it reflected the coin's own repurposed origins. The reverse simply stated the denomination and year.

We don't know exact mintage numbers; records from the era are patchy at best. What we do have shows denominations from 1 to 40 lepta, all in silver.

It's no surprise these coins circulated briefly before the currency changed. A nation rebuilding doesn't dwell on its pocket change.

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