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½ Drachma - Otto Pattern

Features

Issuer Greece
King Otto (1832-1862)
Type Patterns
Year 1842
Value ½ Drachma
Currency First modern drachma (1832-1944)
Composition Silver
Weight 2.27 g
Diameter 19 mm
Shape Round
Technique Milled
Demonetized Yes
Number
N#
408462
References KM# Pn14
Standard Catalog of World Coins (86 volumes).
, Divo Greek# P36
Jean-Paul Divo; 1969. Modern Greek Coins, 1828-1968: a detailed description of every known Greek and Cretan coin from the time of Capodistrias until the present time (with valuations). Bank Leu, Jacques Schulman, Zürich, Switzerland / Amsterdam, Netherlands.

Obverse

Mature head of Otho to right; below truncation in tiny letters, X.

Script: Greek

Lettering:
ΟΘΩΝ ΒΑΣΙΛΕΥΣ ΤΗΣ ΕΛΛΑΔΟΣ
X

Translation: OTHON KING OF GREECE

Engraver: Heyer

Reverse

Crowned coat of arms of Greece with the Wittelsbach arms at the center; all within an olive wreath.

Script: Greek

Lettering:
1/2 ΔΡΑΧΜΗ
1842

Engraver: Heyer

Edge

Reeded

Mint

Athens Mint, Greece (1838-1855)

Comments

Karamitsos 96a.

 

Notes from Nomos : During the excavation of a 19th century level in the vicinity of the Church of The Holy Apostles in the Athenian Agora, a hoard of 118 small silver coins (115 Greek, all of King Otho - 5 1 drachmi, 109 1/2 drachmi and 1 1/4 drachmi - 2 French 1/2 francs, and 1 Spanish Reale minted in Mexico) were unearthed "among the stones of an 19th century house wall". Given the fact that the two latest coins of the hoard were two extremely rare 1/2 drachmi of 1842 (the first the regular issue by Voigt and the second the pattern/essai by Heyer), the hoard could be dated to 1843 and its deposit was related by Walker to the Revolution of 1843. The surprising appearance in this hoard of the 1842 Heyer 1/2 drachmi Pattern/Essai, is proof that a few examples of this coin actually entered circulation, despite the fact that the design was eventually rejected, and the coins withdrawn. This is clear because the majority of the examples that have survived until today, despite their official withdrawal, are worn to a greater or lesser extent, thus proving that people used them.

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Date VG F VF XF AU UNC
1842  Photo

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Past sales

Pictures Sale Date Grade Sold price
Picture 1 of a sold ½ Drachma - Otto (Pattern)
Nomos AG
Auction 31
Lot 78
Internet Archive
23 Mar 2024 VF
(NGC VF35)
USD 5308.06
(CHF 4200.00)
(+ buyer's premium)
Picture 1 of a sold ½ Drachma - Otto (Pattern)Picture 1 of a sold ½ Drachma - Otto (Pattern)
Heritage Auctions
Wednesday & Thursday World & Ancient Coins Select Auction 232546
Lot 62193
Internet Archive
6 Nov 2025 F USD 750.00
(incl. buyer's premium)
See the sales

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