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Greek 20 Drachmai 1957

Greece

1957

Reference data compiled from public catalogs

Estimated Melt Value

$37.97

Based on Silver spot price ($80.83/oz) · 83.5% purity · 17.5g

Updated 4:28 PM

Collector premium not included

Specifications

CountryGreece
Years Minted1957
Composition83.5% silver
Weight17.5 g
Diameter33 mm
ShapeRound
EdgeReeded

Design

Obverse

Features a phoenix rising from the flames, symbolizing economic recovery.

Reverse

Displays the denomination '20 DRACHMAI' and the year '1957' surrounded by a wreath.

History & Notable Facts

The 1957 20 Drachmai coin features a phoenix on its reverse, a stark symbol of Greece's attempted rebirth after the ravages of war and occupation.

Struck in copper-nickel at the Athens mint, it entered circulation during the country's cautious economic stabilization, backed by foreign loans and reforms. The obverse bears the profile of King Paul, a no-nonsense nod to the monarchy's role in that era. We don't have precise mintage records; they might have been misplaced in some dusty archive.

Plenty of folks mistake these for rare treasures, but in truth, they're common enough in collections. As for their worth, it's tied more to the metal's scrap value than any mythical aura.

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