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Live auction - fwo_1040958 - GREECE - KINGDOM OF GREECE – OTTO 5 Drachmes 1833

GREECE - KINGDOM OF GREECE – OTTO 5 Drachmes 1833  VF
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All winning bids are subject to a 18% buyer’s fee.
Starting price : 60 €
Estimate : 120 €
Price : 72 €
Maximum bid : 72 €
End of the sale : 22 July 2025 20:08:02
bidders : 3 bidders
Type : 5 Drachmes
Date: 1833
Quantity minted : 378000
Metal : silver
Millesimal fineness : 900 ‰
Diameter : 38 mm
Orientation dies : 6 h.
Weight : 21,50 g.
Edge : striée
Rarity : R2
Coments on the condition:
Coups sur tranche
Catalogue references :

Obverse


Obverse description : Tête nue d'Othon Ier à droite ; au-dessous signature en grec K. VOÏGT.
Obverse legend : OQON BASILEUS THS ELLADOS
Obverse translation : (Othon roi des Hellènes).

Reverse


Reverse description : Écu couronné entre deux branches d'olivier.
Reverse legend : 5/ DRACMAI/ 1833
Reverse translation : (5 drachmes).

Commentary


Ce type fut fabriqué à Paris et Athènes en 1833, 1844 et 1845.
Pour résoudre l’anarchie qui menaçait la Grèce nouvellement indépendante, les puissances occidentales choisissent Otto von Wittelsbach, deuxième fils de Louis Ier de Bavière pour diriger la Grèce. Couronné en 1833 sous le nom d’Othon, il se révelera incapable de gouverner démocratiquement et ne se convertira jamais à l’orthodoxie. Il fut renversé en 1862 par un coup d’état militaire et remplacé par Guillaume, prince du Danemark (Georges Ier de Grèce). Le roi déchu retourna en Bavière où il mourut en 1867..
This type was manufactured in Paris and Athens in 1833, 1844, and 1845. To resolve the anarchy threatening newly independent Greece, the Western powers chose Otto von Wittelsbach, second son of Ludwig I of Bavaria, to rule Greece. Crowned in 1833 under the name of Otto, he proved incapable of governing democratically and never converted to Orthodoxy. He was overthrown in 1862 by a military coup and replaced by William, Prince of Denmark (George I of Greece). The deposed king returned to Bavaria where he died in 1867.

Historical background


GREECE - KINGDOM OF GREECE – OTTO

(1832-1862)

Otto I of Wittelbasch (06/1/1815-07/26/1867) was the youngest son of Ludwig I of Bavaria (1825-1848). The London Protocol had guaranteed the independence of Greece and the Treaty of Munich, of May 7, 1832, gave the throne to Otho I. Badly surrounded, badly advised, Germanophile, Otho ends up alienating the Greeks. At the end of the Crimean War, at the Treaty of Paris in 1856, he was clumsy and did not ask for territorial compensation for Greece. He abdicated in 1862.

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