1960 Greece 20 Drachmai King Paul I Silver Coin
This 1960 Greece 20 Drachmai coin features King Paul I on the obverse and a dynamic equestrian figure on the reverse, representing a period of post-war recovery and modernization in Greek coinage. Issued during the reign of King Paul (1947–1964), these silver pieces circulated through the Greek economy in the early 1960s, a time of rebuilding, tourism growth, and shifting European alliances. Struck with an 83.5% silver composition at the Royal Mint in London for Greece, the coin carries both intrinsic silver value and historical significance as one of the last silver denominations before Greece transitioned further toward base-metal coinage. With its classic portraiture and national symbolism, this circulated example offers collectors and stackers a tangible link to mid-20th-century Greek history and an affordable way to own European silver coinage from the pre-euro era.
Country:
Greece
Composition:
.835 Silver (83.5% silver, 16.5% copper)
Denomination:
20 Drachmai
Mintage:
Approximately 20,000,000
Weight:
7.5 grams total (approx. 0.201 oz pure silver)
Dimensions:
Thickness: approx. 2 mm; Diameter: approx. 26 mm
Lettering and Edging:
Obverse: Greek inscription with King Paul portrait, 1960; Reverse: Greek text, 20 ΔΡΧ, equestrian figure; Edge: Reeded
Strike Type:
Business strike (circulated)
Variety:
1960 regular issue with King Paul I obverse
Coin Designer and Design:
Obverse: Portrait of King Paul I; Reverse: Equestrian figure (national or mythological motif)
Condition - This coin is in circulated condition with visible wear on the high points of the portrait and reverse design, along with toning and surface marks from handling. Major details remain clear. Grade is approximately Fine to Very Fine. - See Pictures
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**Actual Coin - The coin pictured is the actual coin you will receive.
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C052226.7M0626.14


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