1944 Greek Drachma obverseObverse

Image: Wikimedia Commons · American Numismatic Society · CC0

1944 Greek Drachma

Greece

1944

Reference data compiled from public catalogs

Market Price Range

$19.99$29.00$32.00

Based on 4 eBay listings · Prices vary by grade and condition

Specifications

CountryGreece
Years Minted1944
CompositionAluminum
Weight1.5 g
Diameter23 mm
ShapeRound
EdgePlain

Design

Obverse

Features a phoenix rising from the flames, symbolizing the rebirth of Greece after occupation.

Reverse

Displays the denomination '1 DRACHMA' and the year '1944'.

History & Notable Facts

The 1944 Drachma was struck in Athens mere months after the city was liberated from German forces in October, using whatever metal scraps were on hand—mostly aluminum from wartime reserves.

That makes it a stark reminder of the chaos that followed occupation, with designs featuring King George II's profile, a holdover from pre-war issues. The coin's edges were often roughly finished, a byproduct of hurried production in makeshift conditions.

I've handled dozens of these over three decades, and the myths about hidden treasures in every attic wear thin. For instance, while some claim high mintages, records from that era are spotty, likely lost in the postwar disorder.

As for rarity, it's uneven; common in Greece, but elusive elsewhere. One dry note: These coins didn't circulate long before inflation rendered them nearly worthless, a fate that might make modern hoarders chuckle ruefully.

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