1978 Greece 20 Drachmai
Greece
1978
Reference data compiled from public catalogs
Market Price Range
Based on 20 eBay listings · Prices vary by grade and condition
Specifications
| Country | Greece |
| Years Minted | 1978 |
| Composition | Copper-nickel |
| Weight | 6.5 g |
| Diameter | 26 mm |
| Shape | Round |
| Edge | Reeded |
Design
Obverse
Features a phoenix rising from the flames, symbolizing the restoration of Greek democracy.
Reverse
Depicts the denomination '20 DRACHMAI' and the year '1978'.
History & Notable Facts
What stands out about the 1978 20 drachmai coin is its depiction of a phoenix on the reverse, a direct nod to Greece's rebirth after the fall of the military junta in 1974.
That phoenix, wings spread in mid-flight, symbolizes the restoration of democracy, though the design draws from ancient myths rather than any specific historical event. The coin itself was struck in Athens, using copper-nickel planchets, and entered circulation as part of a broader series updating the drachma's look. We don't know the exact mintage figures; records from that era are spotty, lost in bureaucratic shifts.
One odd detail: the obverse features a helmeted Athena, goddess of wisdom, which some collectors misread as a nod to military rule. It's not. She was a staple of Greek coinage long before. As for myths, I've heard plenty about hidden messages in the engraving, but that's just wishful thinking—it's a straightforward commemorative piece.
The edge is reeded, a common anti-counterfeiting measure, though it didn't stop forgeries entirely. If you're handling one, note the wear on high points; these circulated widely before the drachma's end in 2002.
Buy on eBay
More Greece Coins
View all →AI Analysis & Price Prediction
The 1978 Greece 20 Drachmai has shown consistent appreciation over the past decade. Based on historical auction data, population reports, and current market sentiment, our AI model projects...
Get AI-powered analysis for this coin
Unlock with Pro — $9.99/mo