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Greece under Otto – King: 27 May 1832 – 23 October 1862
1833 A Silver 5 Drachma 38mm (21.66 grams) 0.900 Silver (0.6476 oz. ASW)
Reference: KM# 20 (1833-46) | Engraver: G. Voigt
ΟΘΩΝ ΒΑΣΙΛΕΥΣ ΤΗΣ ΕΛΛΑΔΟΣ Κ. ΦΟΙΓΤ, Portrait of young King Othon head right.
5 ΔΡΑΧΜΑΙ 1833, Crowned Coat-of-arms within olive branches.
You are bidding on the exact item pictured, provided with a Certificate of Authenticity and Lifetime Guarantee of Authenticity.
 Otto (Greek: Όθων, romanized: Óthon, German: Otto Friedrich Ludwig von Bayern; 1 June 1815 – 26 July 1867) was a Bavarian prince who ruled as King of Greece from the establishment of the monarchy on 27 May 1832, under the Convention of London, until he was deposed on 23 October 1862.
The second son of King Ludwig I of Bavaria, Otto ascended the newly created throne of Greece at age 17. His government was initially run by a three-man regency council made up of Bavarian court officials. Upon reaching his majority, Otto removed the regents when they proved unpopular with the people, and he ruled as an absolute monarch. Eventually his subjects’ demands for a constitution proved overwhelming, and in the face of an armed (but bloodless) insurrection, Otto granted a constitution in 1843.
Throughout his reign Otto was unable to resolve Greece’s poverty and prevent economic meddling from outside. Greek politics in this era were based on affiliations with the three Great Powers that had guaranteed Greece’s independence, Britain, France and Russia, and Otto’s ability to maintain the support of the powers was key to his remaining in power. To remain strong, Otto had to play the interests of each of the Great Powers’ Greek adherents against the others, while not irritating the Great Powers. When Greece was blockaded by the British Royal Navy in 1850 and again in 1854, to stop Greece from attacking the Ottoman Empire during the Crimean War, Otto’s standing amongst Greeks suffered. As a result, there was an assassination attempt on Queen Amalia, and finally in 1862 Otto was deposed while in the countryside. He died in exile in Bavaria in 1867.
 Greece (Greek: Ελλάδα), officially the Hellenic Republic (Greek: Ελληνική Δημοκρατία), historically also known as Hellas, is a country in Southern Europe, with a population of approximately 11 million as of 2016. Athens is the nation’s capital and largest city, followed by Thessaloniki.
Greece is located at the crossroads of Europe, Asia, and Africa. Situated on the southern tip of the Balkan peninsula, it shares land borders with Albania to the northwest, the Republic of Macedonia and Bulgaria to the north, and Turkey to the northeast. The Aegean Sea lies to the east of the mainland, the Ionian Sea to the west, the Cretan Sea and the Mediterranean Sea to the south. Greece has the longest coastline on the Mediterranean Basin and the 11th longest coastline in the world at 13,676 km (8,498 mi) in length, featuring a large number of islands, of which 227 are inhabited. Eighty percent of Greece is mountainous, with Mount Olympus being the highest peak at 2,918 metres (9,573 ft). The country consists of nine geographic regions: Macedonia, Central Greece, the Peloponnese, Thessaly, Epirus, the Aegean Islands (including the Dodecanese and Cyclades), Thrace, Crete, and the Ionian Islands.
 Greece is considered the cradle of Western civilization,[a] being the birthplace of democracy, Western philosophy, the Olympic Games, Western literature, historiography, political science, major scientific and mathematical principles, and Western drama.[12] From the eighth century BC, the Greeks were organised into various independent city-states, known as polis, which spanned the entire Mediterranean region and the Black Sea. Philip of Macedon united most of the Greek mainland in the fourth century BC, with his son Alexander the Great rapidly conquering much of the ancient world, spreading Greek culture and science from the eastern Mediterranean to the Indus River. Greece was annexed by Rome in the second century BC, becoming an integral part of the Roman Empire and its successor, the Byzantine Empire, wherein the Greek language and culture were dominant. The Greek Orthodox Church also shaped modern Greek identity and transmitted Greek traditions to the wider Orthodox World. Falling under Ottoman dominion in the mid-15th century, the modern nation state of Greece emerged in 1830 following a war of independence. Greece’s rich historical legacy is reflected by its 18 UNESCO World Heritage Sites, among the most in Europe and the world.
Greece is a democratic and developed country with an advanced high-income economy, a high quality of life, and a very high standard of living. A founding member of the United Nations, Greece was the tenth member to join the European Communities (precursor to the European Union) and has been part of the Eurozone since 2001. It is also a member of numerous other international institutions, including the Council of Europe, the North Atlantic Treaty Organization (NATO), the Organisation for Economic Co-operation and Development (OECD), the World Trade Organization (WTO), the Organization for Security and Co-operation in Europe (OSCE), and the Organisation internationale de la Francophonie (OIF). Greece’s unique cultural heritage, large tourism industry, prominent shipping sector and geostrategic importance[b] classify it as a middle power. It is the largest economy in the Balkans, where it is an important regional investor.
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