20 Drachma    (Venduta per $9.0)

1965, Kingdom of Greece, Paul I. Silver 20 Drachmai Coin. Lustre Uncirculated!

Mint Year: 1965 Reference: KM-85. Denomination: 20 Drachmai Condition: A beautiful lustre uncirculated! Material: Silver (.835) Diameter: 26mm Weight: 7.51gm

The Kingdom of Greece was a state established in 1832 in the Convention of London by the Great Powers (the United Kingdom, France and the Russian Empire). It was internationally recognized in the Treaty of Constantinople, where it also secured full independence from the Ottoman Empire. It succeeded from the Greek provisional governments of the Greek War of Independence, and lasted until 1924, when the monarchy was abolished, and the Second Hellenic Republic declared. The Kingdom was restored in 1935, and lasted until 1974, when, in the aftermath of a seven-year military dictatorship, the current Third Republic came into existence.

Paul (14 December 1901 - 6 March 1964) reigned as King of Greece from 1947 to 1964.

Paul returned to Greece in 1946. He succeeded to the throne in 1947, on the death of his childless elder brother, King George II, during the Greek Civil War (between Greek Communists and the non-communist Greek government). In 1947 he was unable to attend the wedding of his first cousin, Prince Philip, Duke of Edinburgh to the future Queen Elizabeth II of the United Kingdom as he was suffering from typhoid fever.

By 1949 the Civil War was effectively over, with the Communist insurgents ceasing the majority of their operations, and the task of rebuilding the shattered north of the country began.

In the 1950s Greece recovered economically, and diplomatic and trade links were strengthened by Paul’s state visits abroad. He became the first Greek Monarch to visit a Turkish Head of State. However, links with Britain became strained over Cyprus, where the majority Greek population favored union with Greece, which Britain, as the colonial power, would not endorse. Eventually, Cyprus became an independent state in 1960.

In December 1959 Prince Maximillian of Bavaria presented the coronation regalia of King Otto of Greece to the King. It had been almost a century since they were last in Greece.

Meanwhile, republican sentiment was growing in Greece. Both Paul and Frederika attracted criticism for their interference in politics, frequent foreign travels, and the cost of maintaining the Royal Family. Paul responded by economising and donated his private estate at Polidendri to the State.

In 1959, he had an operation for a cataract, and in 1963 an emergency operation for appendicitis. In late February 1964, he underwent a further operation for stomach cancer, and died about a week later in Athens.

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