Banknote Index

 

 
Country Greece
Authority Bank of Greece
Currency Drachma
Denomination 100
Issue Start Date 1928
Issue End Date 31/03/1943
This Notes Issue Date 20/04/1923 (1928)
Type Overprint
Material Paper
Width in mm 159
Height in mm 77
Comments In 1927 the Greek government decided to establish a state-run central bank. This ended the issue of banknotes by private banks in Greece. The resultant Bank of Greece officially began operating on 14 May 1928. From 1928 to 1933 the new bank did not print its own banknotes. Apart from the time needed to design and print new notes, the National bank of Greece still had stock of unissued notes and also had to be compensated for its note-issuing privilege being revoked. The Bank of Greece therefore put into circulation unissued notes still held by the National Bank of Greece. These were stamped in red with the words “TRAPEZA TIS ELLADOS” (BANK OF GREECE).
Source John Minucos
BNI Banknote Id 65246

Catalog & Valuation Details

SourceCatalog # / ReferenceValueDate of ValueComments
12th Ed SCWPM General Issues P-0093a    
Greek Paper Money, Vol.2 by Theodore Pitidis-Poutous 93    
Greece, 100 Drachma, P93a, 93

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