Greek 1935 20 Drachmai
Greece
1935
Reference data compiled from public catalogs
Market Price Range
Based on 1 eBay listings · Prices vary by grade and condition
Estimated Melt Value
$901.82
Based on Gold spot price ($4,831.225/oz) · 90.0% purity · 6.451g
Updated 2:16 PM
Collector premium not included
Specifications
| Country | Greece |
| Years Minted | 1935 |
| Composition | 0.900 gold |
| Weight | 6.451 g |
| Diameter | 21 mm |
| Shape | Round |
| Edge | Reeded |
Design
Obverse
Features the portrait of King George II.
Reverse
Depicts the Greek coat of arms.
History & Notable Facts
The 1935 20 Drachmai was one of the few Greek coins minted in gold during the global economic turmoil of the 1930s, a nod to the country's adherence to the gold standard amid rising instability.
Its obverse bears the profile of King George II, a design choice that reflected the monarchy's tenuous grip on power as political tensions brewed. The reverse shows the Greek coat of arms, struck on a planchet of 90% gold and 10% copper, though records of the exact alloy composition are spotty due to wartime losses. Mintage numbers? Lost in the chaos of the era, I'm afraid.
Weighing in at around 6.5 grams, this coin rarely circulated; most ended up in vaults or collections.
Some call it a relic of fiscal optimism.
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