Greece 1855 1/4 drachma

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Heritage sale 3073, lot 33259
photo courtesy Heritage Auction Galleries

This specimen was lot 33259 in Heritage sale 3073 (Chicago, April 2019), where it sold for $720. The catalog description[1] noted, "Othon 1/4 Drachma 1855 UNC Details (Cleaned) NGC, Vienna mint. A laudable survivor of this minor issue which frequently saw use in jewelry, some mottled topaz color beginning to reemerged over the fields, suggesting only a very light cleaning in the distant past. From the Engelen Collection of World Coinage." This type is listed for 1851 and 1855 and, like most of the issues of nineteenth century Greece, is scarce. Fifty lepta struck 1868 and later were minted to the standard of a French silver fifty centimes. Greece, poor, backward, corrupt and riven by feuds, could ill afford a substantial silver coinage. King Otto fell foul of the local politicians and was forced to abdicate in 1863.

Recorded mintage: unknown.

Specification: 1.11 g, .900 fine silver.

Catalog reference: KM 33.

Source:

  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1801-1900, 7th ed., Iola, WI: Krause Publications, 2012.
  • [1]Bierrenbach, Cristiano and Warren Tucker, Heritage World and Ancient Coins Auction 3073, featuring the Lake County Collection of British coins, Dallas, TX: Heritage Auction Galleries, 2019.

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