Banknote Index

 

 
Country Greece
Currency Drachma
Denomination Not specified
Issue Start Date Various
Issue End Date Various
Type Bond
Material Paper
Width in mm 217
Height in mm 111
Comments Four series of these bonds are known.
Greece experienced high inflation throughout the German occupation during World War 2. Attempts to counteract this included paying farmers 75% of the value of any agricultural produce which was purchased by the state in promissory notes payable in four months, or in these interest bearing bonds. Illustrations of issued bonds indicate that they paid 4% interest and were redeemable after 12 months. No issuing authority is clearly specified on the notes. They were issued as and when required.
This note is probably a remainder. The fourth series had no amount printed on it so that it could be made out for any amount required.
Source John Minucos
BNI Banknote Id 75333

Catalog & Valuation Details

SourceCatalog # / ReferenceValueDate of ValueComments
Catalogue of Greek Paper Money 1822-2002 by Evangelos Fysikas 212d    
Greek Paper Money, Vol.2 by Theodore Pitidis-Poutous 149    
Greece, Not specified Drachma, 212d, 149

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