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10 Drachmai - Paul I

Issuer Greece
Year 1959-1965
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Reference(s) KM#84, Schön#24
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Reverse description The central device displays the Royal Greek coat of arms: a shield bearing a Greek cross, flanked by two crowned lions rampant serving as supporters and surmounted by a royal crown. The circular legend ΒΑΣΙΛΕΙΟΝ ΤΗΣ ΕΛΛΑΔΟΣ arcs along the upper periphery, while the denomination 10 ΔΡΑΧΜΑΙ is inscribed in two lines across the lower field beneath the shield. The design is framed by a toothed border.
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Mintage 1959 - - 20,000,000
1959 - Proof -
1965 - In Sets only -
1965 - Proof - 4,987
Additional information

Greece issued this denomination under Paul I during a period of post-civil-war reconstruction, when the drachma itself had been redenominated in 1954 at a rate of 1,000 old drachmai to one new — meaning this 10-drachmai piece notionally represented ten thousand units of the currency that had collapsed under Axis occupation and wartime hyperinflation. The alloy choice was deliberate: nickel-heavy compositions were favored across postwar European states for their durability and resistance to the kind of hoarding that plagued precious-metal issues.

Paul I reigned from 1947 until his death in March 1964, meaning the final year of this type's production — 1965 — was struck under his son Constantine II.

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