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500 Drachmes Olympics

Issuer Bank of Greece
Year 1984
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Currency Third modern drachma (1954-2001)
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Obverse script Greek
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Reverse description A classically styled male torch-bearer is depicted in dynamic three-quarter pose, his right arm raised aloft holding a flaming Olympic torch, against a background featuring ancient Greek architectural columns in low relief. The figure is rendered in a neo-classical artistic style evoking antiquity and the Olympic tradition. A beaded border encircles the entire design. The legend ΧΧΙΙΙ ΟΛΥΜΠΙΑΔΑ curves along the lower periphery, and the engraver's initials 'ΒΣ' appear at lower right.
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Additional information

Issued to mark the 90th anniversary of the modern Olympic Games revival, this coin was struck the year Los Angeles hosted the Summer Olympics — a Games the Soviet Union and thirteen allied nations boycotted in retaliation for the U.S.-led boycott of Moscow four years earlier. Greece, as the original host nation, participated regardless of Cold War politics.

The Bank of Greece produced several collector-oriented silver issues throughout the 1980s, most in limited quantities for the international numismatic market rather than domestic circulation.

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