GREECE. Otho, 1832-1862. 20 Drachmai 1833 (Gold, 21 mm, 5.78 g, 6 h), Munich, struck from dies by Carl Friedrich Voigt, reeded edge. ΟΘΩΝ ΒΑΣΙΛΕΥΣ ΤΗΣ ΕΛΛΑΔΟΣ Youthful head of Otho to left; below truncation in tiny letters, ΦΟΙΓΤ. Rev. 20 ΔΡΑΧΜΑΙ 1833 Crowned shield bearing the coat of arms of Greece with the Wittelsbach arms at the center; all within an olive wreath with ties below. Divo 9. Karamitsos 117. KM 21. A coin that is seldom graded as high as MS by NGC. Graded by NGC "MS 61". Cert number: 2908887-001.
From the El-Greco Collection of Modern Greek Rarities, ex Schweizerischer Bankverein, 17 October 1978, 299.
The 20 Drachmai of 1833 stands as the inaugural gold coin struck to circulate in modern Greece following its liberation from the Ottoman yoke. While Kapodistrias had contemplated issuing gold pieces, his plans were never realized. While we know that King Otho had plans to issue other gold coins for general circulation - dies exist for them - they were, in fact, never issued.
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