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BIMETALLIC COIN, THE PHOENIX OF 1828

€40.00
The price is final and includes 24% VAT
In stock
SKU 1001
 

The Phoenix of 1828

One of the first measures taken by Governor Ioannis Kapodistrias to organize the newly established Greek state and assert its independence was to issue a national currency in order to replace foreign currencies in transactions. On 29 July 1828, the Fourth National Assembly of Argos introduced the first modern Greek monetary system, based on the “phoenix”, divided into 100 lepta.

The first silver “phoenix” coins were struck on 27 June 1829 in the courtyard of Kapodistrias’ house in Aegina under the supervision of Alexandros Kontostavlos, on a 1530 press purchased from the Knights of St John of Malta. The first dies were engraved by goldsmith Hatzi-Grigoris Pyrovolistis.

The first silver “phoenix” coins were struck on 27 June 1829 in the courtyard of Kapodistrias’ house in Aegina under the supervision of Alexandros Kontostavlos, on a 1530 press purchased from the Knights of St John of Malta. The first dies were engraved by goldsmith Hatzi-Grigoris Pyrovolistis.

TECHNICAL SPECIFICATIONS AND OTHER INFORMATION

Nominal Value: 5€

Diameter: 27,25 mm

Weight: 9 gr

Edge shape: plain

Edge thickness: 2.20 mm

Metal: CuNi25CuNi19, polymer ring

Maximum issue: 125,000 pieces

Minting quality: Brilliant uncirculated

Coin designed by: George Stamatopoulos

Packaging designed by: Areti Michelioudaki

Minted at: Bank of Greece/Printing Works Department

Packaging: Coin Card Blister

INFORMATION OF FIRST MINTING

Alloy: silver 900%, copper 100%

Mint: Aegina

Engraver: Hatzi – Grigoris Pyrovolistis

Weight: 4.408 gr, Diameter: 22 mm

Year: 1828

The coins are bimetallic Cu Ni with an inner polymer ring in blue colour. The bimetallic coins may be purchased individually, each in a blister case.