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The three most important standards of the ancient Greek monetary system were the Attic standard, based on the Athenian drachma of 4.3 grams (2.8 pennyweights) of silver, the Corinthian standard based on the stater of 8.6 g (5.5 dwt) of silver, that was subdivided into three silver drachmas of 2.9 g (1.9 dwt), and the Aeginetan stater or didrachm of 12.2 g (7.8 dwt), based on a drachma of 6.1 g ...
The Achaean standard consisted of a stater of around 8 g, divided into three drachms of 2.6 g and obols of 0.4 g; these weights declined over time. It was first used in the mid-sixth century by the Greek city-states of Sybaris, Metapontum, and Croton, which had been founded in Magna Graecia by Achaeans from the Peloponnese, and it remained one of the main standards in Magna Graecia until the ...
Anthropological evidence shows that marriages were events in which coins would be exchanged from one party to another. [10] Other items received in dowry exchanges were appraised by their monetary value, measured in coins. Dowries were usually paid for in cash. For a wealthy Athenian family this could include between "500 dr and 2 talents." [10]
Commemorative Greek drachma coins have been issued by the Bank of Greece throughout the 20th century. Early (1940–1967) coins were minted in Birmingham , Paris , Vienna , and Prague , but since 1978 all of Greece's commemorative coins have been minted in Athens .
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New coins were introduced in 1966, ranging from 50 lepta to 10 drachmae, depicting King Constantine II (1964–1974). A silver 30-drachma coin for the centennial of Greece's royal dynasty was minted in 1963. The following year a non-circulating coin of this value was produced to commemorate the royal wedding.
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