¼ Drachma - Otto 1833-1846 front ¼ Drachma - Otto 1833-1846 back
¼ Drachma - Otto 1833-1846 photo
© Heritage Auctions

¼ Drachma - Otto

 
Silver (.900) 1.119 g 15.6 mm
Description
Issuer
Greece
King
Otto (1832-1862)
Type
Standard circulation coin
Years
1833-1846
Value
¼ Drachma
Currency
First modern drachma (1832-1944)
Composition
Silver (.900)
Weight
1.119 g
Diameter
15.6 mm
Shape
Round
Technique
Milled
Orientation
Coin alignment ↑↓
Demonetized
Yes
Updated
2024-10-05
References
Numista
N#18562
Rarity index
54%

Reverse

Crowned arms within branches, denomination and date below

Script: Greek

Lettering:
1/4 ΔΡΑΧΜΗ
1833

Translation:
1/4 DRACHMA
1833

Engraver: Carl Friedrich Voigt

Edge

Milled

Comment

Divo 16b-c; Karamitsos 89-90.

Interesting fact

The ¼ Drachma coin was minted during the reign of King Otto, who was a Bavarian prince that was appointed as the first king of Greece in 1832. The coin features an image of King Otto on one side and the Greek coat of arms on the other. The use of silver in the coin's composition was a deliberate choice to symbolize the country's wealth and prosperity. Despite its small denomination, the ¼ Drachma coin was an important part of Greece's early currency system and played a significant role in the country's economic development during that time.

Price

Date Mintage VG F VF XF AU UNC
1833  780000 - - - - - -
1834 A 1175000 - - - - - -
1845  1161000 - - - - - -
1846  883500 - - - - - -

Values in the table are based on evaluations by sales realized on Internet platforms. They serve as an indication only for ¼ Drachma - Otto 1833-1846 coin.