1926 Greece 1 Drachma obverseObverse

Image: Wikimedia Commons · worldcoingallery.com · CC BY-SA 3.0

1926 Greece 1 Drachma

Greece

1926

Reference data compiled from public catalogs

Market Price Range

$1.99$4.44$30.13

Based on 20 eBay listings · Prices vary by grade and condition

Estimated Melt Value

$10.85

Based on Silver spot price ($80.83/oz) · 83.5% purity · 5g

Updated 9:39 PM

Collector premium not included

Specifications

CountryGreece
Years Minted1926
Composition83.5% silver
Weight5 g
Diameter30 mm
ShapeRound
EdgeReeded

Design

Obverse

A phoenix rising from the flames, symbolizing the rebirth of Greece.

Reverse

The denomination '1 DRACHMA' with the year '1926' and possibly a wreath.

History & Notable Facts

The 1926 Greek 1 Drachma coin features a phoenix on its reverse, symbolizing the nation's attempted rebirth after decades of revolution and economic chaos.

Struck in Athens from .835 fine silver, it reflects the post-1922 stability efforts following the Asia Minor disaster. The obverse bears a profile of King George II, who had just returned to power amid political shifts. We know it was part of a series to replace debased currency, but exact production figures were likely lost in bureaucratic reshuffles of the era.

Not every phoenix rises smoothly; this one's design echoes ancient drachmas, a subtle nod to Greece's classical past that numismatists appreciate for its straightforward history.

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