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Greek 1928 2 Drachmai

Greece

1928

Reference data compiled from public catalogs

Estimated Melt Value

$21.70

Based on Silver spot price ($80.83/oz) · 83.5% purity · 10g

Updated 2:16 PM

Collector premium not included

Specifications

CountryGreece
Years Minted1928
Composition83.5% silver
Weight10 g
Diameter28 mm
ShapeRound
EdgeReeded

Design

Obverse

Features a phoenix rising from flames.

Reverse

Depicts the denomination '2 Drachmai' and the year 1928.

History & Notable Facts

The 1928 2 Drachmai coin features a phoenix on its reverse, symbolizing Greece's recovery from the 1922 Asia Minor disaster—a design choice that cuts through the usual nationalist fluff.

Struck from 0.835 fine silver at the Athens mint, it weighs 10 grams and measures 28 millimeters across. The obverse shows King George II's profile, marking his return to the throne after a period of republican experiments. These coins entered circulation amid economic strains, serving everyday transactions before the world slid into depression.

Mintage figures are murky; records from that era were spotty, and I've seen plenty of fakes over the years. As for myths, let's skip the nonsense about hidden treasures—it's just a sturdy silver piece that saw hard use.

One note: the phoenix's feathers look a bit singed, as if it knew what was coming.

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