Banknote Index

 

 
Country Greece
Authority Bank of Greece
Currency Drachma
Denomination 10
Issue Start Date 01/05/1954
Issue End Date 01/07/1957
Type Normal
Material Paper
Width in mm 152
Height in mm 80
Comments On 1 March 1954, because Greece had begun to stabilise its economy, the last three zeroes were removed from all banknotes. The new issue used the previous banknote designs but with the words ΝΕΑ ΕΚΔΟΣΙΣ (NEW ISSUE) printed in the circle on the right – and the new values and dates. This series only circulated a short time before being replaced with new designs. This note replaced the 10,000 drachmae note dated 21 December 1947 (Pick182; Pitidis 166a). It is dated 15 January 1954 but entered circulation a few months later.
Source John Minucos
BNI Banknote Id 75335

Catalog & Valuation Details

SourceCatalog # / ReferenceValueDate of ValueComments
10th Ed SCWPM General Issues P-0186    
Greek Paper Money, Vol.2 by Theodore Pitidis-Poutous 170    
Greece, 10 Drachma, P186, 170

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