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Detailed information about coin type: Fifth Obol from Ionian Islands:

Coin type: Fifth Obol
Description

The United States of the Ionian Islands was formed on 14 November 1815 and was made up of seven principal islands: Corfu, Cephalonia, Zante, Santa Maura, Ithaca, Cerigo and Paxo. These islands are represented by the seven arrows held by the winged lion of St. Mark (a Venetian symbol reflecting the Venetian control of the islands from 1401 until 1797).

Initially the Obol was subdivided into four Lepta (singular Lepton), so the first Lepton coin of 1821 is listed in some sources as a "Quarter Obol". The denomination was indicated on the coin by the number 4, indicating "one fourth". This one-year type was struck locally and was relatively crude.

Later issues were minted at the Royal Mint in London and, like the rest of the coinage with the exception of the 30 Lepta coins, do not indicate the denomination in any way. Subdivision of the currency was changed and one Obol was equal to 5 Lepta, so these are listed alternatively as "Fifth Obol".

On some coins there is a dot after the date and on some there isn't. However, this doesn't seem to be a mint mark. According to Remick's Guide and Catalogue of British Commonwealth Coins, some of the Ionian coinage was struck at the Ralph Heaton and Sons mint in Birmingham, but there is no indication which. The Greek Wikipedia entry on Ionian coinage only shows Birmingham one Obol (five Lepta) coins.

Remick lists a combined mintage of 13,483,200 "from 1848 through 1862". Krause lists 13,483,000 from 1848 through 1851, then 1,344,000 from 1853 through 1862.

CountryIonian Islands CurrencyIonian Obol
Sub-type ofOne Lepton Sub-types
Face value1 (x Lepton)
Years produced1834 - 1862 CurrentNo (demonetised 1864)
MaterialCopper DesignerWilliam Wyon
Production technologyMilled (machine-made) ShapeRound
Size (mm)16 Thickness (mm)
Mass (g)1.8900
Obverse

Winged lion of St. Mark facing to left holding Bible and seven arrows; below, the date; around above, ΙΟΝΙΚΟΝ ΚΡΑΤΟΣ (Ionian State, in Greek).

Obverse inscription

ΙΟΝΙΚΟΝ ΚΡΑΤΟΣ

Reverse

Figure of Britannia seated facing right with shield and trident; above, BRITANNIA.

Reverse inscription

BRITANNIA

EdgePlain Edge inscription

None

Fifth Obol: Photos

Coin - 1 Lepton, Ionian Islands, Greece, 1835
Copyright: Museums Victoria / CC BY
Author:
source

Coin - 1 Lepton, Ionian Islands, Greece, 1835
Copyright: Museums Victoria / CC BY
Author:
source
List of 8 coins of type: Fifth Obol from Ionian Islands
NameMintageReignEffigyLegend
One Lepton 1834 unknown ΙΟΝΙΚΟΝ ΚΡΑΤΟΣ 1834.
One Lepton 1835 unknown ΙΟΝΙΚΟΝ ΚΡΑΤΟΣ 1835
One Lepton 1848 unknown ΙΟΝΙΚΟΝ ΚΡΑΤΟΣ 1848
One Lepton 1849 unknown ΙΟΝΙΚΟΝ ΚΡΑΤΟΣ 1849
One Lepton 1851 unknown ΙΟΝΙΚΟΝ ΚΡΑΤΟΣ 1851
One Lepton 1853 unknown ΙΟΝΙΚΟΝ ΚΡΑΤΟΣ 1853.
One Lepton 1857 unknown ΙΟΝΙΚΟΝ ΚΡΑΤΟΣ 1857
One Lepton 1862 unknown ΙΟΝΙΚΟΝ ΚΡΑΤΟΣ 1862.
Fifth Obol: Some useful external links
1834.-1862. Ionian Islands Lepton KM 34 Prices & Values | NGC