Greek 1 drachma coins

The name drachma is derived from the verb dratto ("to grasp"), as initially a drachma was a fistful (a "grasp") of six oboloi (metal sticks), which were used as a form of currency as early as 1100 BC. The 5th century BC Athenian tetradrachmon ("four drachmae") coin was the most widely used coin in the Greek world prior to the time of Alexander the Great.

After Alexander the Great's conquests, the name drachma was used in many of the Hellenistic kingdoms in the Middle East, including the Ptolemaic kingdom in Alexandria. The Arabic unit of currency known as dirham known from pre-Islamic times and afterwards, inherited its name from the drachma; the dirham is still the name of the official currencies of Morocco and the United Arab Emirates. The Armenian dram also derives its name from the drachma.

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

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Obverse of Greek 1 drachma coin /images/currency/KM100/KM81_1962a.jpg
1 drachma - Hercules

According to the Greek Mythology, Hera who was not fond of Hercules made him lose his mind. In a confused and angry state, he killed his own wife and children. When he awakened from his "temporary insanity," Hercules prayed to Apollo for guidance, and the god's oracle told him he would have to serve Eurystheus, the king of Tiryns and Mycenae, for twelve ...

Krause - Mishler #81
Diameter 21 mm
Weight 4 gr
Composition Copper 75%, Nickel 25%
Edge Milled
Other information Engraver: V. Falireas (Parish Mint)
Year Mintage Price Shop
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