½ Drachma - Otto (Pattern) 1842 front ½ Drachma - Otto (Pattern) 1842 back
½ Drachma - Otto (Pattern) 1842 photo
© Nomos AG

½ Drachma - Otto Pattern

1842 year
Silver 2.27 g 19 mm
Description
Issuer
Greece
King
Otto (1832-1862)
Type
Pattern
Year
1842
Value
½ Drachma
Currency
First modern drachma (1832-1944)
Composition
Silver
Weight
2.27 g
Diameter
19 mm
Shape
Round
Technique
Milled
Demonetized
Yes
Updated
2024-10-05
References
Numista
N#408462
Rarity index
100%

Reverse

Crowned coat of arms of Greece with the Wittelsbach arms at the center; all within an olive wreath.

Script: Greek

Lettering:
1/2 ΔΡΑΧΜΗ
1842

Engraver: Heyer

Edge

Reeded

Comment

Divo P36; Karamitsos 96a.

 

Notes from Nomos : During the excavation of a 19th century level in the vicinity of the Church of The Holy Apostles in the Athenian Agora, a hoard of 118 small silver coins (115 Greek, all of King Otho - 5 1 drachmi, 109 1/2 drachmi and 1 1/4 drachmi - 2 French 1/2 francs, and 1 Spanish Reale minted in Mexico) were unearthed "among the stones of an 19th century house wall". Given the fact that the two latest coins of the hoard were two extremely rare 1/2 drachmi of 1842 (the first the regular issue by Voigt and the second the pattern/essai by Heyer), the hoard could be dated to 1843 and its deposit was related by Walker to the Revolution of 1843. The surprising appearance in this hoard of the 1842 Heyer 1/2 drachmi Pattern/Essai, is proof that a few examples of this coin actually entered circulation, despite the fact that the design was eventually rejected, and the coins withdrawn. This is clear because the majority of the examples that have survived until today, despite their official withdrawal, are worn to a greater or lesser extent, thus proving that people used them.

Interesting fact

The Pattern ½ Drachma - Otto (Pattern) 1842 from Greece, made of Silver weighing 2.27g, is a rare and valuable coin. Only 200 pieces were minted, making it a highly sought-after collector's item among numismatists.