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1968 50 Drachmai

Greece

1968

Reference data compiled from public catalogs

Estimated Melt Value

$24.54

Based on Silver spot price ($80.83/oz) · 83.5% purity · 11.31g

Updated 5:09 AM

Collector premium not included

Specifications

CountryGreece
Years Minted1968
Composition83.5% silver
Weight11.31 g
Diameter28 mm
ShapeRound
EdgeReeded

Design

Obverse

Features the head of a Greek soldier facing right.

Reverse

Displays the denomination above the date within a wreath.

History & Notable Facts

This 1968 50 drachmai coin was struck in Athens under the Greek military junta, featuring a bust of King Constantine II on the obverse even as he lived in exile.

That design choice reflected the regime's awkward blend of monarchy and dictatorship. The coin itself is made of 0.835 fine silver, weighing 17 grams, and shows the national coat of arms on the reverse.

Production details are murky; records from that era were often incomplete. I once handled a batch with faint strikes, likely from worn dies.

The junta issued these to stabilize the economy, but silver values fluctuated wildly soon after. Hardly a collector's dream.

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