Catalog
1 Drachma - Paul I
| Issuer | Kingdom of Greece |
|---|---|
| Year | 1954-1965 |
| Type | Standard circulation coin |
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| Reverse description | The royal coat of arms of Greece occupies the central field, depicting a quartered shield bearing the Greek cross in alternating white and blue fields, surmounted by a royal crown with cross finial. The shield is supported on either side by two nude male figures standing on a decorative horizontal base, each figure facing inward. The denomination numeral 1 appears in the lower central field below the base, with the inscription ΔΡΑΧΜΗ completing the denomination. The circular legend ΒΑΣΙΛΕΙΟΝ ΤΗΣ ΕΛΛΑΔΟΣ (Kingdom of Greece) runs around the upper periphery. |
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| Edge | Reeded |
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| Additional information |
Greece's postwar coinage reconstruction was complicated by a 1944 currency collapse so complete that the drachma was reissued at a ratio of 50 billion old drachmas to one new — making continuity of any numismatic series nearly impossible. This Paul I drachma belongs to the stabilized currency that followed, issued under a monarchy that would itself be abolished by referendum in 1974.