Banknote Index

 

 
Country Greece
Authority National Bank of Greece
Currency Drachma
Denomination 500
Issue Start Date 1926
Type Normal
Material Paper
Width in mm 78
Height in mm 102
Comments In 1926 the Greek government imposed a second forced loan. Banknotes with a value of 25 drachmas or over were cut into 2. The left hand ¾ then circulated at ¾ of its face value. The right hand ¼ was a compulsory 20 year loan paying 6% per annum. This particular note is the right hand ¼ of P68.Full sized banknotes to replace these cut notes began to be issued later in 1926.
Source John Minucos
BNI Banknote Id 64232

Catalog & Valuation Details

SourceCatalog # / ReferenceValueDate of ValueComments
12th Ed SCWPM General Issues P-0082    
Greek Paper Money, Vol.1 by Theodore Pitidis-Poutous 78a €30.00 2000 VF 
Greece, 500 Drachma, P82, 78a

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