Gold Drachma Coins
Buy Gold Drachma coins in the UK
Invest in Gold Drachma coins with StoneXBullion, your trusted platform for buying investment-grade gold bullion in the UK and Europe. Since 2006, we’ve helped 100,000+ investors buy and sell gold online securely.
All our Gold Drachma coins are authenticated, competitively priced, and shipped with fully insured, discreet delivery across the UK and Europe.
What are Gold Drachma coins?
Gold Drachma coins are historical Greek coins minted by the Kingdom of Greece between the mid-1800s and early 1900s, though their origins trace back to ancient Greece. These coins feature portraits of Greek kings and the Hellenic coat of arms, offering a blend of both bullion value and collectible interest.
Key features of Gold Drachma coins:
- Purity: Typically struck in .900 fine gold (90%)
- Denominations: Available in 20 Drachma and 10 Drachma formats
- Historical significance: The Drachma dates back to the monetary system developed by the Greeks in 800BCE, and these modern coins are an ode to that heritage and Greece's independence from Ottoman rule
- Strong liquidity: Drachmas are highly recognisable and easily traded around the world.
The Drachma’s obverse designs feature portraits of Greek monarchs such as King George I. The reverse depicts the original royal coat of arms of Greece featuring a cross inside a shield.
20 Drachma Gold Coin
The 20 Drachma is the most widely traded denomination.
- Purity: 90% gold
- Pure gold content: 5.80 grams pure gold
- Diameter: 21.50 mm
- Designs: Portraits of kings such as George I.
Gold Drachma vs other Drachma coins
The term drachma can refer to Greece’s national currency that was used until it was replaced by the euro in 2001. The vast majority of these drachma coins were circulating base-metal coins and NOT made from gold.
The term ‘Gold Drachma’ specifically refers to the historic gold issues produced in the late 19th and early 20th centuries under the Kingdom of Greece. These investment-grade gold coins are separate from the copper-nickel or aluminium drachmas that circulated before the introduction of the euro. At StoneXBullion, we only sell investment-grade gold Drachma coins.
Why invest in Gold Drachma coins?
Gold Drachmas offer a unique blend of investment value and collectible appeal. Here’s why they make a great investment:
- Investment-grade gold: Gold drachmas are struck from 90% gold
- VAT-free: As investment-grade gold, Drachmas are VAT-free in the UK
- Historic interest: Each Gold Drachma represents an important era in Greek royal and national history
- Inflation hedge & diversifier: Gold has long been valued for its ability to hedge against inflation and diversify investment portfolios.
How to buy Drachma gold coins in the UK
Buying Gold Drachma coins with StoneXBullion is quick, safe, and secure:
- Browse our collection: Choose from our selection of Drachma gold coins from different years
- Check live gold prices: Updated every 60 seconds in line with global bullion markets
- Pay securely: Complete checkout via bank transfer or credit card
- Receive insured delivery: Every order is discreetly packaged and fully insured for delivery across the UK and Europe.
Gold Drachma FAQs
Are Drachma gold coins VAT-free in the UK?
Yes, Gold Drachmas are classed as investment-grade gold and exempt from VAT in the UK.
What’s the purity of Gold Drachma coins?
Gold Drachmas are made from 90% gold, as are most classic European bullion coins.
Are Gold Drachmas considered bullion or collectible coins?
Gold Drachmas are both bullion and collectible coins – their value comes from their gold content as well as additional numismatic appeal.
Are all drachma coins made from gold?
No, it’s important to distinguish Gold Drachma coins from the modern drachma currency. Most drachma coins minted from the 1950s until 2001 were made from copper-nickel or aluminium. Only the earlier Kingdom of Greece issues were struck in .900 gold and are considered investment-grade gold coins.
Invest in Gold Drachma coins today
Buy authentic Gold Drachma coins online with StoneXBullion, trusted by more than 100,000 investors across the UK and Europe. Enjoy live pricing, secure checkout, and fully insured delivery direct to your door.
Browse all Gold Drachma coins and start your investment journey today.