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1926 50 Drachmai

Greece

1926

Reference data compiled from public catalogs

Market Price Range

$3.90$4.00$12.00

Based on 5 eBay listings · Prices vary by grade and condition

Estimated Melt Value

$31.46

Based on Silver spot price ($80.83/oz) · 83.5% purity · 14.5g

Updated 5:09 AM

Collector premium not included

Specifications

CountryGreece
Years Minted1926
Composition83.5% silver
Weight14.5 g
Diameter31 mm
ShapeRound
EdgeReeded

Design

Obverse

Features a phoenix rising from flames.

Reverse

Depicts the denomination '50 Drachmai' and the year 1926.

History & Notable Facts

The 1926 50 Drachmai coin was one of the first Greek issues to feature a standardized weight and fineness after the country's chaotic post-war inflation.

This silver piece, struck in Paris by the French mint, helped anchor the drachma during financial reforms. It depicts King George II on the obverse and the Greek coat of arms on the reverse, signaling a return to normalcy. Records don't specify the exact silver content, but it was likely around 0.835 fineness, common for the era.

Mintage figures are murky; official tallies may have been lost in later conflicts. What we know is that circulation was limited, making survivors scarce today.

Some numismatists note the irony in a coin designed for economic stability now fetching premiums in volatile markets.

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