No image

Greek 1988 20 Drachmai

Greece

1986–1990

Reference data compiled from public catalogs

Market Price Range

$1.60$10.98$10.98

Based on 2 eBay listings · Prices vary by grade and condition

Specifications

CountryGreece
Years Minted1986–1990
CompositionOuter ring: Cupro-nickel; Center: Aluminum bronze
Weight9.4 g
Diameter28.5 mm
ShapeRound
EdgeReeded

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.

Buy on eBay

Loading listings...

More Greece Coins

View all →

AI Analysis & Price Prediction

Investment Rating: --------
12-Month Price Prediction: $--- - $---

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...

Get AI-powered analysis for this coin

Unlock with Pro — $9.99/mo