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1988 50 Drachmai Greece

Greece

1988

Reference data compiled from public catalogs

Market Price Range

$2.00$4.95$19.00

Based on 20 eBay listings · Prices vary by grade and condition

Specifications

CountryGreece
Years Minted1988
CompositionCupro-nickel
Weight9.6 g
Diameter28.5 mm
ShapeRound
EdgeReeded

Design

Obverse

The obverse features a depiction of an ancient Greek athlete, such as a discus thrower, along with Olympic symbols.

Reverse

The reverse displays the Greek national emblem and the denomination.

History & Notable Facts

The 1988 50 Drachmai coin from Greece features a reverse design of a discus thrower, directly inspired by the ancient Myron statue, making it a bridge between Olympic past and present.

That design choice nods to Greece's role as the birthplace of the games, even though the coin commemorated the Seoul Olympics, far from home. The obverse shows a simple profile of Democritus, the philosopher, which some might find an odd pairing with athletic feats. It was struck in cupro-nickel, a practical alloy for the era's commemoratives.

Records on exact mintage are murky; the Greek mint wasn't always meticulous with paperwork. As for myths, I've heard tales that these coins were distributed to athletes, but that's nonsense—they were just sold to the public like any souvenir.

People collect them for the design, not rarity.

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