Bank of Greece

1900-1940

In 1922 Greek state had difficulties to find money, so it borrowed them from Greeks with a novel way. Everyone who had banknotes in drachmas cut them in half. The left half was still in circulation (with half of value of course) and the right part was changed with 20 years bonds. Later new notes replaced the bisected, having a stamp on them with the word "NEON" that means new.

Pick #
Date
Value
Edition
Face View
Back View
Comments
ΑΒΝC 1901-1918
P-54
1/10/1905 to
30/5/1918
5 dr
Β' (2nd)
There are about 60 different dates.
P-51
12/3/1910 to 24/3/1917
10 dr
Θ' (9th)
 
P-47
1/5/1903 to 2/9/1903
25 dr
Η' (8th)
It's very similar to P-52.
P-52
2/1/1909 to 18/4/1918
25 dr
Θ' (9th)
There are about 80 different dates.
P-53
4/1/1910 to 18/11/1917
100 dr
Θ' (9th)
There are about 30 different dates.
P-55
10/12/1917 to 26/10/1918
100 dr
Ι' (10th)
There are about 30 different dates.
P-49
2/1/1901
500 dr
ΣΤ'(6th)
 
P-56
5/5/1914 to 20/12/1918
500 dr
Z' (7th)
 
P-50
30/3/1901
1000 dr
Α' (1st)
They're same except from the dates. P-50 is considered very scarce.
P-57
15/4/1917
to 16/12/1918
1000 dr
Α' (1st)
1922 Loan
According to law of 25/3/1922 every circulating banknote had to be cut in half. The banknotes that had been cut are the following: 5 dr Ρ-42, Ρ-54 (Ρ-58). 10 dr Ρ-46, Ρ-51 (Ρ-59). 25 dr Ρ-44, Ρ-47, Ρ-52 (Ρ-60). 100 dr Ρ-48, Ρ-53, Ρ-55 (Ρ-61). 500 dr Ρ-49, Ρ-56 (Ρ-62). 1000 dr Ρ-50, Ρ-57 (Ρ-63). In brackets is the Pick number for the divided pieces.
1922 NEON Issue
P-64
31/5/1918 to 8/1/1919
5 dr
Γ' (3rd)
American Bank Note Company printed all these banknotes except of the 100 dr note that was printed by Bradbury Wilkinson. These notes replaced the divided notes of 1922 law and had the overprint "NEON" that means new.
P-65
2/5/1918 to 25/11/1919
25 dr
Ι' (10th)
P-66
16/9/1921 to 24/2/1922
50 dr
Γ' (3rd)
P-67
8/2/1922 to 17/2/1922
100 dr
ΙΑ' (11th)
P-68
13/10/1921, 7/12/1921, 25/1/1922
500 dr
Η' (8th)
P-69
15/6/1921 to 24/1/1922
1000 dr
Β' (2nd)

1928-1940

When Bank of Greece was founded didn't have its own banknotes. Until these notes circulated Bank of Greece issued the remaining banknotes of National Bank of Greece overprinted by the new bank's name. Totally ten overprinted notes were issued. The 25, 50 and 100 drachmas of 1923 and 500 drachmas of 1926 exist also without the overprint. In 1932 Bank of Greece issued its own first banknotes, 500 and 5000 drachmas. During the 1930's three different issues circulated. Until 1943 the overprint notes circulated in parallel with the regular notes. The 10 and 20 drachmas of 1940 are fractional notes printed in Germany.

Pick #
Date
Value
Face View
Back View
Comments
1923 Bradbury Wilkinson & Co
P-70
24/3/1923
5 dr
 
P-71
6/3/1923
25 dr
 
P-72
4/4/1923
1000 dr
 
Provisional Issue of Bank of Greece
P-72
15/4/1923
25 dr
 
P-92
6/5/1923
50 dr
 
P-93
20/4/1923
100 dr
 
P-94
17/12/1926
5 dr
The overprint is smaller and has purple color.
P-88
05/08/1926
20 dr
This 10 dr banknote issued by National Bank of Greece.
P-95
19/10/1926
to
4/11/1926
20 dr
This is the only 20 dr banknote issued by National Bank of Greece.
P-97
30/5/1927
50 dr
 
P-98
25/5/1927
to 14/6/1927
100 dr
 
P-99
12/11/1926
500 dr
 
P-100
15/10/1926 and 4/11/1926
1000 dr
Serial numbers ΚΞ 100 and ΚΞ 91 have a signature under the red cancellation, they're rare variety.
P-101
5/10/1926
5000 dr
This is the only 5000 dr banknote printed by National Bank of Greece.
Regular Issues of Bank of Greece
P-102

1/10/1932

500 dr
These are the "original" first banknotes that issued by Bank of Greece. They were printed by ABNC. in New York.
P-103
1/9/1932
5000 dr
P-104
1/9/1935
50 dr
The 1935 issue was printed in France. These banknotes were very "fragile and sensitive" and were replaced by new after four years.
P-105
1/9/1935
100 dr
P-106
1/5/1935
1000 dr
P-107
1/1/1939
50 dr
The same design but different color (brown) has the 1941(1944) 50 dr banknote.
P-108
1/1/1939
100 dr
It was never circulated. It was overprinted and circulated by a new value of 1000 dr.
P-109
1/1/1939
500 dr
There are two varieties. The regular banknote and the error one with ENI instead of ΕΠΙ.
P-109a
1/1/1939
500 dr
P-110
1/1/1939
1000 dr
 
P-111
1/1/1939
1000 dr
It is the overprint of P-108.
Kingdom of Greece - Fractional Notes
P-314
6/4/1940
10 dr
It replaced the silver 10 dr coin of 1930.
P-315
6/4/1940
20 dr
It replaced the silver 20 dr coin of 1930.

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