1960 50 Drachmai
Greece
1960
Reference data compiled from public catalogs
Market Price Range
Based on 2 eBay listings · Prices vary by grade and condition
Estimated Melt Value
$24.54
Based on Silver spot price ($80.83/oz) · 83.5% purity · 11.31g
Updated 5:37 PM
Collector premium not included
Specifications
| Country | Greece |
| Years Minted | 1960 |
| Composition | 83.5% silver |
| Weight | 11.31 g |
| Diameter | 30 mm |
| Shape | Round |
| Edge | Reeded |
Design
Obverse
Features a female head representing the Greek Republic.
Reverse
Depicts the denomination and date.
History & Notable Facts
This 1960 50 Drachmai coin was struck to mark the centenary of Greek unification, a nod to the republic's roots amid the era's political turbulence.
It's made from copper-nickel, with a obverse showing a phoenix rising from ashes—symbolizing rebirth—and a reverse featuring the Greek coat of arms. The design, by artist G. Stamatopoulos, reflects a shift from earlier monarchist motifs. Mintage figures are murky; official records from that period are incomplete.
Edge lettering includes the word "ΕΛΛΑΣ," which means Greece, adding a touch of national pride to an otherwise utilitarian piece.
Some enthusiasts claim it foretold the end of the monarchy, but that's just coin folklore. As if a piece of metal could predict politics.
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