Greek 2 Drachmai
Greece
1833–1901
Reference data compiled from public catalogs
Market Price Range
Based on 20 eBay listings · Prices vary by grade and condition
Estimated Melt Value
$15.09
Based on Silver spot price ($80.83/oz) · 90.0% purity · 6.45g
Updated 8:09 PM
Collector premium not included
Specifications
| Country | Greece |
| Years Minted | 1833–1901 |
| Composition | 0.900 silver |
| Weight | 6.45 g |
| Diameter | 23 mm |
| Shape | Round |
| Edge | Reeded |
Design
Obverse
Features a portrait of the Greek king, such as King Otto.
Reverse
Displays the denomination and date, often with a crown or national symbols.
History & Notable Facts
The most intriguing fact about the Greek 2 drachmai from 1833 to 1901 is that it was often struck using silver planchets sourced from melted-down foreign coins, including Spanish reales, to kickstart Greece's new monetary system after independence.
This coin typically featured the profile of King Otto on the obverse, a Bavarian import who ruled as Greece's first monarch. The reverse usually showed a wreath or national symbols, reflecting the era's blend of classical revival and modern statehood. Mintage details vary by year; some records were lost in administrative upheavals, so exact figures remain hazy.
Struck initially in foreign mints like Paris because Greece lacked the facilities, these pieces came in weights around 6 to 10 grams, depending on the issue. Otto's portrait, with its stiff, regal lines, hints at the foreign influences shaping early Greek currency.
It's no surprise that a coin for a fledgling nation ended up with an outsourced look.
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