The value of a Drachma coin can vary significantly depending on several factors, including its age, rarity, condition, and historical significance.
Here’s a breakdown to help you understand the potential value:
- Age: Ancient Drachma coins, particularly those from significant periods like the Archaic or Hellenistic eras, can be highly valuable.
- Rarity: Coins from lesser-known city-states or those with unique designs or symbols might be rarer and thus more valuable.
- Condition: A well-preserved coin with clear details will generally fetch a higher price.
- Historical Significance: Coins associated with famous figures like Alexander the Great or significant historical events can be particularly desirable and valuable to collectors.
- Material: Ancient Drachmas were primarily silver, and those made of gold are much rarer.
- Age: While modern Drachma coins are not as old as their ancient counterparts, certain older or commemorative issues can still be valuable.
- Rarity: Coins with limited mintage or specific features might be more sought after.
- Condition: Uncirculated or well-preserved coins will naturally hold more value.
- Commemorative Issues: Special commemorative coins, like the 1963 Greek 30 Drachmai Silver Coin celebrating the centennial of the Greek monarchy, can have higher collectible value.
- Denomination: Higher denomination coins, especially those from earlier issues or commemorative sets, could be more valuable than lower denominations.
- A very fine 1957 Greece 1 Drachma coin is available for $1.77.
- An ancient Greek Drachma from the Roman Imperial Era is available for $30.
- A [1963 Greek 30 Drachmai Silver Coin] , celebrating the centennial of King George I, is considered to have high collectible value and is available for $61.01.
- A [1990 Greece 100 Drachmai Modern Coin] featuring Alexander the Great is available for $97.
- A Rare 1963 Greek 30 Drachmai Silver Coin is offered for $48.71.
- An [Alexander the Great and The Vergina Star Drachmas Greek Coin] from 1992 costs $354.98.
- A rare Stater Coin from ancient Pheneos, Arcadia, featuring Demeter and Hermes, dating back to 360 BC, was sold at auction for $300,000.
- [Alexander the Great Coin NGC VF Very Fine Ancient Greek Silver Drachm 319BC] is available for $270.
- A Greece Drachma Coin from 1847 is listed for $35.
- Another Greece Drachma Coin from 1990 featuring Alexander the Great and the Vergina Sun is listed for $550.
- [1 Drachma 2000 Greek Prooflike Coin] rated by PCGS in uncirculated condition PL66RD costs $42.72.
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1963 Greece 30 Drachmai Silver Coin $30.00]
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1990 Greece 100 Drachmai Modern Coin With Alexander Iii The Great $97.00]
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Alexander The Great And The Vergina Star Drachmas Greek Coin $354.98]
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Alexander The Great Coin Ngc Very Fine Ancient Greek Silver Drachm $270.00]
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1 Drachma 2000 Greek Prooflike Coin rated by PCGS in uncirculated condition PL66RD $42.72]
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In summary, the value of a Drachma coin depends heavily on its specific characteristics. If you’re interested in buying or selling a Drachma coin, it’s recommended to consult with a reputable numismatist or coin dealer for an accurate appraisal.
How much is a drachma coin worth today?
1 DRA = 0.000006613 USD.
Are old drachmas worth anything?
All drachma bills issued by the Athens-based Bank of Greece have lost their monetary value. However, we give cash for demonetized pre-euro Greek Drachma notes that reflects their numismatic (collector’s) value.
How much is a biblical drachma worth?
Great question! Purchasing power parity (PPP) calculations are very difficult. An 1885 paper by William Goodwin estimated that, ignoring purchasing power, the weight of silver that had been in a Solonic talent was at that time worth approximately 877 United States dollars, making a drachma worth $0.14 in 1885 ($5.12 in 2024).