Greek 1 euro coins

The poorest member of the EU, Greece saw EMU as an essential step towards achieving its strategic and economic ambitions. In spite of the euro's weakness when Greece entered the euro-zone on January 1 2001, opinion polls showed that some 70 per cent of Greeks were in favour of membership. There was little attachment to the drachma, as europe's second-oldest currency was linked in Greek minds with economic and political backwardness. Greece leveraged the euro to encourage foreign direct investment with a view to the country becoming a business and transport hub, linking south-east Europe with EU markets.

The following 1 euro coins have circulated in Greece since the introduction of the Common European Currency on January 1, 2002:

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Obverse of Greek 1 euro coin /images/currency/KM200/KM187_2002a.jpg
1 euro - Owl

The owl, symbol of goddess Athena, as it was depicted on an ancient Greek tetradrachm (5th century b.C.). Athena was patron of the crafts, wisdom and battle. She became the patron goddess of the city of Athens, in a competition with Poseidon. They agreed that each would give the Athenians one gift and the Athenians would choose whichever gift they preferred.

Krause - Mishler #187
Diameter 23.25 mm
Thickness 2.33 mm
Weight 7.5 gr
Composition BiAlloy (Nk/Ng), ring Nickel brass (75% copper - 20% zinc - 5% nickel), center Cupronickel (75% copper - 25% nickel clad on nickel core)
Edge Interrupted milled
Other information Designer: G.Stamatopoulos
Year Mintage Price Shop
2002 - Uncirculated 61,440,055 pieces € 3.08 Buy
2002 "S" - Suomi - Uncirculated 50,000,000 pieces € 3.15 Buy
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