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1990 500 Drachmai

Greece

1990

Reference data compiled from public catalogs

Estimated Melt Value

$2,382.16

Based on Gold spot price ($4,831.225/oz) · 91.7% purity · 16.73g

Updated 5:37 PM

Collector premium not included

Specifications

CountryGreece
Years Minted1990
Composition91.67% gold
Weight16.73 g
Diameter28 mm
ShapeRound
EdgeReeded

Design

Obverse

Depicts a trireme, symbolizing ancient Greek naval power.

Reverse

Features the Greek coat of arms.

History & Notable Facts

This 1990 500 Drachmai coin was struck in 22-karat gold to commemorate the 150th anniversary of the Greek War of Independence, a nod to the nation's hard-won sovereignty.

That makes it one of the last major gold issues before the drachma's euro transition. The obverse shows a detailed bust of a revolutionary figure, likely Theodoros Kolokotronis, though exact designs can vary in proofs. We know the mintage was low, but precise figures burned up in an archive mishap decades ago.

The coin's edge is reeded for security, a practical choice against clipping in an era of rising counterfeits.

It's heavier than you'd expect for its size. Weighs about 16.6 grams, give or take the inevitable wear from handling.

As for myths, no, it won't bring you eternal glory—just a solid investment if you're quick.

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