Difference between revisions of "Greece 1832 drachma"

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m (Text replacement - " .900 fine" to " 0.900 fine")
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[[Image:Greece Stacks Jan15-1119r.jpg|300px|thumb]]
 
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This specimen was lot 1118 in Stacks-Bowers NYINC sale (New York, January 2015), where it sold for $1,410. The catalog description<sup>[1]</sup> noted, "GREECE. Drachma, 1832. NGC MS-65. One of nine in this grade, with only three certified finer. Brilliant surfaces with light toning." This type is listed for 1832-34 and 1845-47 and, like most of the issues of nineteenth century Greece, is scarce. Drachmai struck 1868 and later were minted to the standard of a French silver franc. Greece, poor, backward, corrupt and riven by feuds, could ill afford a substantial silver coinage. King Otto fell foul of the local politicians and was forced to abdicate in 1863.  
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This specimen was lot 1118 in Stacks-Bowers NYINC sale (New York, January 2015), where it sold for $1,410. The catalog description<sup>[1]</sup> noted, "GREECE. Drachma, 1832. NGC MS-65. One of nine in this grade, with only three certified finer. Brilliant surfaces with light toning." This type is listed for 1832-34 and 1845-47 and, like most of the issues of nineteenth century Greece, is scarce. Drachmai struck 1868 and later were minted to the standard of a French silver franc. Greece, poor, backward, corrupt and riven by feuds, could ill afford a substantial silver coinage. King Otto fell foul of the local politicians and was forced to abdicate in 1862.  
  
 
''Recorded mintage:'' 1,125,000 for 1832-33.
 
''Recorded mintage:'' 1,125,000 for 1832-33.

Latest revision as of 16:21, 21 July 2026

Stack's Bowers 2015 NYINC sale, lot 1119
Greece Stacks Jan15-1119r.jpg

This specimen was lot 1118 in Stacks-Bowers NYINC sale (New York, January 2015), where it sold for $1,410. The catalog description[1] noted, "GREECE. Drachma, 1832. NGC MS-65. One of nine in this grade, with only three certified finer. Brilliant surfaces with light toning." This type is listed for 1832-34 and 1845-47 and, like most of the issues of nineteenth century Greece, is scarce. Drachmai struck 1868 and later were minted to the standard of a French silver franc. Greece, poor, backward, corrupt and riven by feuds, could ill afford a substantial silver coinage. King Otto fell foul of the local politicians and was forced to abdicate in 1862.

Recorded mintage: 1,125,000 for 1832-33.

Specification: 4.47 g, 0.900 fine silver, .129 troy oz ASW.

Catalog reference: KM-15; Geo-17.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
  • [1]Ponterio, Richard, The January 2015 NYINC Auction: Ancient Coins, World Coins & Paper Money, Featuring the John W. Adams and Ray Czabor Collections, Irvine, CA: Stack's Bowers LLC, 2014.

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