1954 Greece 20 Drachmai
Greece
1954
Reference data compiled from public catalogs
Market Price Range
Based on 12 eBay listings · Prices vary by grade and condition
Estimated Melt Value
$24.52
Based on Silver spot price ($80.83/oz) · 83.5% purity · 11.3g
Updated 8:03 AM
Collector premium not included
Specifications
| Country | Greece |
| Years Minted | 1954 |
| Composition | 83.5% silver |
| Weight | 11.3 g |
| Diameter | 30 mm |
| Shape | Round |
| Edge | Reeded |
Design
Obverse
Features the head of King Paul facing right.
Reverse
Depicts the denomination and date within a wreath.
History & Notable Facts
The 1954 20 Drachmai coin was struck in 0.835 fine silver, a material choice that reflected Greece's lingering pre-war traditions amid postwar austerity.
That silver content made it heavier than many contemporaries, weighing in at 17.5 grams for a coin meant for everyday transactions. The obverse bears a profile of King Paul I, who had been on the throne since 1947, while the reverse shows a phoenix rising—fitting for a nation clawing back from ruins.
Exact mintage figures are murky; records from that era at the Athens Mint weren't always meticulous. What I do know is that these circulated widely, from Athens markets to rural villages, without much fanfare.
Plenty of collectors chase them thinking they're elusive, but most are just common survivors of decades in pockets and purses.
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