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You have a coin from Greece. The word you are looking at is not "apaxmai", but rather "ΔΡΑΧΜΑΙ". It is written in the Greek alphabet and is pronounced "drachmai".

Greece produced one coin denominated in drachmai actually made of silver in 1978, as well as three others that were silver in color (but actually made of copper-nickel).

The silver coin is a 100 Drachmai (KM#121). It is a large coin, slightly larger than the size of a US half dollar, is 65% silver and contains 0.2717 troy ounces of silver. It is a commemorative coin produced in honor of the 50th Anniversary of the Bank of Greece. Only 25,000 were produced, all in proof, and an example today is worth (according to the Standard Catalog of World Coins, about US$150.

The three copper-nickel coins produced in 1978 are the 5, 10 and 20 Drachmai coins. Each is worth about a US dollar in Uncirculated condition, and somewhat less than that with any signs of wear. All were also produced in proof, and in such condition would be worth perhaps US$8 to 10 each.

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14y ago
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17y ago

These are only worth a few cents -- you can find them in coin dealers' misc. foreign bins.

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Q: What is a silver 1978 apaxmai coin worth?
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