MY COLLECTION - ALBUM NO 2 - OBSOLETE COINS OF GREECE, FINLAND & PORTUGAL

CHAPPIDI ABHIRATH REDDY,
C/O COL GKS REDDY,

Secunderabad - 500 015.

INDEX

SUMMARY OF COUNTRIES IN ALBUM NO – TWO

EUROPEAN COUNTRIES

S NO           COUNTRY               PAGE NO           COIN NOS              REMARKS

1.          UK (Current Coins)           1 to 5                 1 – 84

2.          UK (Obsolete Coins)         5 to 7                 85 – 124 

3.          France                            7 to 8                 125 – 148 

4.          Greece                            9                       149 - 156 

5.          Finland                            9 to 10              157 - 168

6.          Portugal                          10 to 11             169 - 180 

7.          Romania                          11                     181 - 186 

8.          Yugoslavia                       12                     187 - 194 

9.          Nederland                        12                     195 - 212 

10.        Italy                                13 to 14             213 - 238 

11.        Iceland                            14                     233 - 238 

12.        Denmark                         14 to 15             239 - 256 

13.        Czechoslovakia                15                      257- 262

COIN IMAGES – GREECE, FINLAND & PORTUGAL

Greece

          Drachma, pl. drachmae or drachmas (δραχμή, Greek pronunciation: [ðraxˈmi], pl. δραχμαί or δραχμές) was the currency used in Greece during several periods in its history:

          An ancient Greek currency unit found in many Greek city states from Classical times on, as well as in many of Alexander's successor states and South-West Asian kingdoms during the Hellenistic era.

          Three Modern Greek currencies, the first introduced in 1832 and the last replaced by the euro in 2001 (at the rate of 340.750 drachma to the euro). The euro did not begin circulating until 2002 but the exchange rate was fixed on 19 June 2000, with legal introduction of the euro taking place in January 2002.

Fifty Lepta – 1962

One Drachma – 1966

Two Drachma – 1926

Two Drachma – 1980

Five Drachma – 1978

Ten Drachma – 1978

Twenty Drachma – 1976

Fifty Drachma – 1982

Finland

          The Finnish markka (Finnish: Suomen markka, abbreviated mk, Swedish: finsk mark, currency code: FIM) was the currency of Finland from 1860 until 28 February 2002, when it ceased to be legal tender. The markka was replaced by the euro (€), which had been introduced, in cash form, on 1 January 2002, after a transitional period of three years when the euro was the official currency but only existed as 'book money'. The dual circulation period – when both the Finnish markka and the euro had legal tender status – ended on 28 February 2002.

          The markka was introduced in 1860 by the Bank of Finland, replacing the Russian ruble at a rate of four markka equal to one ruble. In 1865 the markka was separated from the Russian ruble and tied to the value of silver. After Finland gained independence in 1917 the currency was backed by gold. The gold standard was abolished in 1940, and the markka suffered heavy inflation during the war years. In 1963 the markka was replaced by the new markka, equivalent to 100 old units.

          The markka was divided into 100 pennies (Finnish: penni, with numbers penniä, Swedish: penni), postfixed "p"). At the point of conversion, the rate was fixed at €1 = 5.94573 mk.

Five Pennia – 1980 – Aluminium

Ten Pennia – 1976

Twenty Pennia – 1976

Twenty Five Pennia - 1921

Fifty Pennia – 1940

One Marakka – 1941

One Marakka – 1962

Twenty Marakka – 1957

Portugal

          The escudo (Portuguese pronunciation: [ɨʃˈkudu], shield; sign : or \mathrm{S}\!\!\!\Vert ; code: PTE) was the currency of Portugal prior to the introduction of the Euro on 1 January 1999 and its removal from circulation on 28 February 2002. The escudo was subdivided into 100 centavos.

          Amounts in escudos were written as escudos  centavos with the cifrão as the decimal separator (e.g. 25$00 means 25, 100$50 means 100 and 50 centavos). Because of the conversion rate of 1000 réis = 1, three decimal places were initially used (1 = 1$000).

          The escudo was introduced on 22 May 1911, after the 1910 Republican revolution, to replace the real at the rate of 1,000 réis to 1 escudo. The term mil réis (thousand réis) remained a colloquial synonym of escudo up to the 1990s. One million réis was called one conto de réis, or simply one conto. This expression passed on to the escudo, meaning 1,000.

          The escudo's value was initially set at 675$00 = 1 kg of gold. After 1914, the value of the escudo fell, being fixed in 1928 at 108$25 to the pound [clarification needed]. This was altered to 110$00 to the pound in 1931. A new rate of 27$50 escudos to the U.S. dollar was established in 1940, changing to 25$00 in 1940 and 28$75 in 1949.

          Inflation throughout the 20th century made centavos essentially worthless by its end, with fractional value coins with value such as $50 or 2$50 eventually withdrawn from circulation in the 1990s. With the entry of Portugal in the Eurozone, the conversion rate to the euro was set at 200$482 to €1.

Ten Centavos – 1967

Twenty Centavos – 1970

 Fifty Centavos – 1959 – Nickel

Fifty Centavos – 1977 - Copper

One Escudo – 1951

One Escudo – 2000

Five Escudos – 1993

Ten Escudos - 1990

Note - Some of the images of coins in my collection, have been taken from the Gallery to the extent available, to save on time & effort involved in photography & editing