Ionian Islands: Coins Issued and Used

Showing only circulating coin types (regular coinage plus circulating commemoratives).

Ionian Islands (1815 - 1864)
Information about what currencies were issued by Ionian Islands, with lists of coinage, as well as periods when foreign-issued currencies were used.
Currency: Ionian Obol. Used in Ionian Islands: (1819 - 1864)
CurrencyIonian Obol
PeriodIonian Obol
Used1819 - 1864
Description

The obol (plural oboli) was the currency of the United States of the Ionian Islands between 1819 and 1864. Until 1834, 1 obol = 4 lepta (singular lepton), after which 1 obol = 5 lepta.

Wikipedia says that "Throughout its existence, the obol was equal to a British half penny." However, according to Remick's Guide and Catalogue of British Commonwealth Coins, 1971 "100 oboli were equivalent to the Spanish dollar. 30 lepta was the equivalent of the British threepence" - meaning that 10 lepta were one penny, so one obol would have been a halfpenny only after 1834.

According to James Atkins (1889; citing Ruding), "a penny, halfpenny, and farthing were ordered to be struck for these islands on February 11th, 1819. On August 23rd, 1834, a silver piece of 30 oboli, as well as a copper obolus was ordered; the latter being of the weight of 240 to the pound."

The obol replaced a series of countermarked coins denominated in Turkish paras and copper Gazete coins. The Obol was issued by the British and was replaced by the Greek Drachma when the Ionian Islands were given to Greece, at a rate of 1 drachma = 20 oboli.

The strangest denomination was the silver 30 Lepta coin.

Thirty Lepta (demonetised 1864)
7 coins (1834 - 1862)
Coin NameMintage
Thirty Lepta 1834 unknown
Thirty Lepta 1848 unknown
Thirty Lepta 1849 unknown
Thirty Lepta 1851 unknown
Thirty Lepta 1852 unknown
Thirty Lepta 1857 unknown
Thirty Lepta 1862 unknown
Two Oboli (demonetised 1864)
1 coin (1819)
Coin NameMintage
Two Oboli 1819 4,139,520
One Obol (demonetised 1864)
1 coin (1819)
Coin NameMintage
One Obol 1819 8,279,040
Two Lepta (demonetised 1864)
2 coins (1819 - 1820)
Coin NameMintage
Two Lepta 1819 9,461,760
Two Lepta 1820 9,461,760
One Lepton (demonetised 1864)
9 coins (1821 - 1862)
Coin NameMintage
One Lepton 1821 unknown
One Lepton 1834 unknown
One Lepton 1835 unknown
One Lepton 1848 unknown
One Lepton 1849 unknown
One Lepton 1851 unknown
One Lepton 1853 unknown
One Lepton 1857 unknown
One Lepton 1862 unknown
Advertising
Bullion Star - Preserve and Protect Your Wealth in Singapore
Bullion Star - Preserve and Protect Your Wealth in Singapore