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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
C 1901-1918

Comments

P-54

1/10/1905
to
30/5/1918

5 dr ' (2nd)

P-51

12/3/1910
to
10 dr ' (9th)
24/3/1917

P-47

1/5/1903 to
25 dr ' (8th)
2/9/1903

It's very similar to P-52.

P-52

2/1/1909 to
25 dr ' (9th)
18/4/1918

There are about 80 different dates.

P-53

4/1/1910 to 100
' (9th)
18/11/1917 dr

There are about 30 different dates.

10/12/1917
100
to
P-55
' (10th)
26/10/1918 dr

There are about 30 different dates.

There are about 60 different dates.

P-49

2/1/1901

500
'(6th)
dr

P-56

5/5/1914 to 500
20/12/1918 dr

P-50

30/3/1901

Z' (7th)

1000
' (1st)
dr
They're same except from the dates.
P-50 is considered very scarce.

15/4/1917
1000
P-57
to
' (1st)
dr
16/12/1918

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 -42, -54 (-58). 10 dr -46, -51 (-59). 25 dr -44, -47, -52 (-60). 100 dr -48, -53, -55
(-61). 500 dr -49, -56 (-62). 1000 dr -50, -57 (-63). In brackets is the Pick number for the divided pieces.
1922 NEON Issue

P-64

31/5/1918
5 dr ' (3rd)
to 8/1/1919

P-65

2/5/1918 to
25 dr ' (10th)
25/11/1919

P-66

16/9/1921
to
50 dr ' (3rd)
24/2/1922

P-67

8/2/1922 to 100
17/2/1922
dr

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.

'
(11th)

13/10/1921,
500
P-68 7/12/1921,
' (8th)
dr
25/1/1922

P-69

15/6/1921
1000
to
' (2nd)
dr
24/1/1922

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

P-86

12/4/1923

500
dr

P-89

21/11/1926

500
dr

P-72

5/1/1923

1000
dr

Color trial. Specimen.

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

15/10/1926
P-100
and
4/11/1926

1000
dr

Serial numbers 100 and 91 have a

signature under the red cancellation, they're
rare variety.

P-101

5000
dr

This is the only 5000 dr banknote printed by

National Bank of Greece.

5/10/1926

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

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

P109a

1/1/1939

500
dr

P-110

1/1/1939

1000
dr

P-111

1/1/1939

1000
dr

The 1935 issue was printed in France. These

banknotes were very "fragile and sensitive"
and were replaced by new after four years.

There are two varieties. The regular

banknote and the error one with ENI instead
of .

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.

69.99

Bank of Greece :
National Finance Bank 1822 - 1832
National Bank of Greece 1841 - 1900
Bank of Greece 1900 - 1940
Bank of Greece 1940 - 1944
Bank of Greece 1944 - 1953
Bank of Greece 1954 - 2001

35

30

71.99

45

44.99

36