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10 Drachmai - Paul I
| Issuer | Greece |
|---|---|
| Year | 1959-1965 |
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| Value | 10 Drachmai (10 GRD) |
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| Obverse description | Bare-headed effigy of King Paul I in high relief, facing left, with a realistically modelled portrait showing strong facial features and closely cropped hair. The circular Greek legend ΠΑΥΛΟΣ ΒΑΣΙΛΕΥΣ ΤΩΝ ΕΛΛΗΝΩΝ runs along the upper periphery, separated from the toothed border by a plain field. The date, flanked by two raised dots, appears in the lower exergual area beneath the portrait, with the engraver's signature ΦΑΓΓΡΕΑΣ incuse below the truncation. |
|---|---|
| Obverse script | Greek |
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| Additional information |
Greece issued this denomination under Paul I during a period of post-civil-war reconstruction, when the drachma itself had been redenominated in 1954 at a rate of 1,000 old drachmai to one new — meaning this 10-drachmai piece notionally represented ten thousand units of the currency that had collapsed under Axis occupation and wartime hyperinflation. The alloy choice was deliberate: nickel-heavy compositions were favored across postwar European states for their durability and resistance to the kind of hoarding that plagued precious-metal issues.
Paul I reigned from 1947 until his death in March 1964, meaning the final year of this type's production — 1965 — was struck under his son Constantine II.