Phoenix (Greek Φοίνιξ). The first currency of the modern Greek state. It was originally issued in 1828 in the form of a silver coin equal in value to the French Franc. Its official denomination was the lepton (1 phoenix = 100 lepta). // Treaty of London The history of modern Greece began with the recognition of Greek independence from the Ottoman Empire in 1832 after the Greek War of Independence. ... 1828 was a leap year starting on Tuesday (see link for calendar). ... French Franc. ... A denomination is a unit of currency. ... Lepton pl. ...
The name was that of the mythicalPhoenix bird, and was meant to symbolize the rebirth of Greece. This article is about a system of myths. ... The phoenix from the Aberdeen Bestiary. ...
Face and Obverse of a Phoenix coin
Only 12,000 coins were minted, and most transactions in Greece continued to be carried in foreign currency. No lepta coins were issued. Lacking precious metals to mint more coins with, the government issued an additional 300,000 phonenixes as paper currency with no underlying assets to back them up. As a result, the paper notes were universally rejected by the public. In 1832, the currency system was reformed, and the Drachma was introduced to replace the Phoenix. Image File history File links 1phoenix. ... Image File history File links 1phoenix. ... A £20 Ulster Bank banknote. ... Drachma, pl. ...