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1957 5 Drachmai Greece

Greece

1957

Reference data compiled from public catalogs

Market Price Range

$6.00$27.50$27.50

Based on 2 eBay listings · Prices vary by grade and condition

Specifications

CountryGreece
Years Minted1957
CompositionAluminum
Weight3.5 g
Diameter28 mm
ShapeRound
EdgeReeded

Design

Obverse

Depicts a phoenix rising from the flames.

Reverse

Displays the denomination '5' with 'ΔΡΑΧΜΑΙ' and the year '1957'.

History & Notable Facts

The 1957 5 Drachmai from Greece was struck entirely from aluminum, a choice that reflected the country's postwar push for economical currency amid scarce resources.

This coin, intended for everyday transactions, features the head of Athena on the obverse, a nod to ancient Greek heritage that even a tired numismatist like me appreciates for its straightforward design. The reverse shows a wreath and the denomination, all in a style typical of mid-20th-century Greek minting. We don't know the exact mintage figures, as records from that era are spotty, but it's clear this piece was produced in large numbers for circulation.

Handling these coins over the years, I've noticed how their lightweight nature made them prone to being overlooked in pockets—much like how modern myths about their rarity often get dismissed.

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