Greece 1926 2 drachmai

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Stack's Bowers February 2023 Collector's Choice sale, lot 73561
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This specimen was lot 73561 in Stack's Bowers Collector's Choice sale (Costa Mesa, CA, February 2023), where it sold for $80. The catalog description[1] noted, "GREECE. 2 Drachmai, 1926. NGC MS-63. A pleasant Choice example, this wholesome piece yields a soft luster and essentially no evidence of marking or handling." In 1922, the Greek monarchy was overthrown as a consequence of the defeat by the Turks and a republic established which lasted until 1935. During its brief existence, a series of handsome coins was issued including this two drachmas. This type was struck in a large quantity and is common in all grades altho this example realized triple the catalog value. The head is of Athena, goddess of wisdom.

Recorded mintage: 22,000,000.

Specification: copper-nickel, 27 mm diameter.

Catalog reference: KM-70.

Source:

  • Jean-Paul Divo, Modern Greek Coins, 1828-1968. Amsterdam: Jacques Schulman NV, 1968.
  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
  • [1]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, February 2023 World Collectors Choice Online Auction, featuring the David Sterling Collection, Costa Mesa, CA: Stack's Bowers Galleries, Inc., 2023.

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