Greek 1988 20 Drachmai
Greece
1986–1990
Reference data compiled from public catalogs
Market Price Range
Based on 2 eBay listings · Prices vary by grade and condition
Specifications
| Country | Greece |
| Years Minted | 1986–1990 |
| Composition | Outer ring: Cupro-nickel; Center: Aluminum bronze |
| Weight | 9.4 g |
| Diameter | 28.5 mm |
| Shape | Round |
| Edge | Reeded |
Design
Obverse
Depicts an ancient Greek ship.
Reverse
Features the denomination '20 DRACHMAI' and the year.
History & Notable Facts
The 1988 Greek 20 drachmai coin was the first bimetallic denomination in modern Greek currency, featuring a brass outer ring bonded to a cupronickel center to deter counterfeiting.
That design choice reflected Greece's push toward more secure circulation coins in the late 20th century, especially as inflation eroded the value of smaller denominations. The obverse shows a phoenix rising, symbolizing rebirth, while the reverse depicts the Greek coat of arms.
Mintage figures for this year are murky; official records from the Athens mint weren't always reliable. If you're hunting one, expect wear from daily use—most saw pocket change duty until the euro arrived.
Plenty of myths circulate about these coins being rare, but that's nonsense; they were produced in bulk.
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The Greek 1988 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...
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