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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.
The drachma was the standard unit of silver coinage at most ancient Greek mints, and the name obol was used to describe a coin that was one-sixth of a drachma. [2] The notion that drachma derived from the word for fistful was recorded by Herakleides of Pontos (387–312 BC) who was informed by the priests of Heraion that Pheidon , king of Argos ...
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 ...
Uniquely, the value of the coins is expressed on the national side in the Greek alphabet, as well as being on the common side in the Roman alphabet. The euro cent is known as the lepto (λεπτό; plural lepta , λεπτά) in Greek, a name which has also been used for the 1 ⁄ 100 denominations of the preceding currencies of the Greek state ...
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 .
Modern drachma, a modern Greek currency; Cretan drachma, currency of the Cretan State; Drachma, a moth genus; See also. Dram (disambiguation) Dirham
The bull and wheel types share the quadripartite incuse square characteristic of other wappenmünzen, but the owl type features a controversially interpreted reverse design (possibly an alpha, delta, or alpha-tau monogram) not characteristic of any other archaic Greek coinage. The electrum owl coins, of which eight specimens are known, have ...
In ancient Greece, it was generally reckoned as 1 ⁄ 6 drachma (c. 0.72 grams or 11 grains). [ 14 ] [ 15 ] Under Roman rule, it was defined as 1 ⁄ 48 Roman ounce or about 0.57 g (9 gr). [ 16 ] The apothecaries' system also reckoned the obol or obolus as 1 ⁄ 48 ounce or 1 ⁄ 2 scruple .
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