5 Drachma    (sold for $3800.0)

Description: Greece. 5 Drachmai, 1833-A (Paris). KM-20; Dav-115. 22.56 grams. Otto, 1832-1862. Bare head right. Reverse: Crowned arms within wreath. Lovely iridescent and steel-gray toning. Rare this nice. NGC graded MS-64. Otto was the second son of King Ludwig I of Bavaria. While the elder son, Maximilian, ascended to the Bavarian throne, Otto became the first king of modern Greece. His intentions were honorable, but he had compromised himself politically and had to obey the great powers of Europe who had placed him on the throne. When he didn't attack the Ottoman Empire, his nation's arch-enemy, he lost the support of the Greek people and was deposed. As a symbol of modern democratic force in Greece, this coin has few equals. Estimated Value $4,000 - 5,000. Ex Millennia, Lot 709. Categories:
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This coin has been sold for   $3800.0

Notes: http://www.goldbergcoins.com/view-auctions/catalog/id/3/lot/13637/ $4,000 - $5,000 2010-05-30

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Posted by: anonymous
Coin Group
 Denomination: 5 Drachma
 Metal: Silver
 State: Kingdom of Greece (1832-1924)
 Person: Otto of Greece (1815 - 1867)
 Catalog reference:
Description:   English
Coin variations: 25 instance(s)
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