1988 AD., Greece, restored democracy, 50 Drachmas, KM 147.

Greece, restored democracy, 1988 AD.,
50 Drachmas (28 mm / 8,88 g), nickel-brass,
Obv.: OMHPOΣ / K.K , head of Homer facing left.
Rev.: EΛΛHNIKH ΔHMOKRATIA / 19 - 88 / 50 / ΔPAXMEΣ , galley sailing left.
KM 147 .

A new series of all 8 denominations was introduced in 1976 carrying images of early national heroes on the smaller values. Cupro-nickel 50-drachma coins were introduced in 1980. In 1982, the spelling of the plural of drachma was changed from drachmae (δραχμαί) to drachmas (δραχμές). In 1986, nickel-brass 50-drachma coins were introduced.
The brutal suppression of the Athens Polytechnic uprising on 17 November 1973 sent shockwaves through the regime, and a counter-coup established Brigadier Dimitrios Ioannidis as dictator. On 20 July 1974, as Turkey invaded the island of Cyprus, the regime of the Colonels collapsed. A democratic and republican constitution was promulgated in Greece on 11 June 1975 following a referendum which abolished the monarchy.
Meanwhile, Andreas Papandreou founded the Panhellenic Socialist Movement (PASOK) in response to Karamanlis's conservative New Democracy party, with the two political formations alternating in government ever since.