The Drachma of 1832 Bimetallic Coin NEW SUPER RARE Greece 1821-2021

  
BIMETALLIC COIN, THE DRACHMA OF 1832. TECHNICAL SPECIFICATIONS AND OTHER INFORMATION. Edge thickness: 2.20 mm.

Maximum issue: 125,000 pieces. Coin designed by: George Stamatopoulos. Packaging artwork: Commercial and Value Document Printing Section. Minted at: Bank of Greece/Printing Works Department.

By virtue of King Ottos Royal Decree of 8 February 1833, the drachma replaced the phoenix and, in August 1833, public revenue offices were explicitly prohibited from accepting Ottoman currency. As stipulated in the same decree, the drachma was to be issued in gold, silver and copper. In a similar vein, the capital was moved from Nafplion to Athens, in order to symbolically reconnect with Greeces glorious past.

The Athens Royal Mint started operations in 1836, but until 1841 only minted the drachmas copper subdivisions. The minting of silver coins began in 1842.

Gold drachmas were minted only in large denominations (20 or 40 drachmas), in a limited edition. By virtue of the Royal Decree of 12 July 1843, the exclusive right to issue drachma notes was granted to the newly founded National Bank of Greece, which maintained this privilege until the establishment of the Bank of Greece in 1928. The item "The Drachma of 1832 Bimetallic Coin NEW SUPER RARE Greece 1821-2021" is in sale since Thursday, March 25, 2021. This item is in the category "Coins & Paper Money\Coins\ World\Europe\Greece". The seller is "songokuiptv" and is located in ATHENS.

This item can be shipped worldwide.

1. Year: 1828
2. Denomination: 1 Drachma
3. Country/Region of Manufacture: Greece
4. Certification: Uncertified
5. Composition: Bi-Metallic