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1 Drachma

Issuer Greek State (Ελληνική Πολιτεία)
Year 1941
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Size 80 × 37 mm
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Reverse description An ancient Greek coin motif is centred on the reverse, flanked on either side by the numeral denomination. A fine geometric guilloche underprint frames the composition, with a legal warning text against counterfeiting printed along the lower margin, referencing the legislative decree of 17 June 1941.
Reverse lettering ΝΟΜΟΘΕΤΙΚΟΝ ΔΙΑΤΑΓΜΑ ΥΠ` ΑΡΙΘ 193 ΤΗΣ 17ΗΣ ΙΟΥΝΙΟΥ 1941 1 1 Η ΠΑΡΑΠΟΙΗΣΙΣ Η ΠΛΑΣΤΟΓΡΑΦΗΣΙΣ ΚΑΙ Η ΕΝ ΓΝΩΣΕΙ ΤΗΣ ΠΛΑΣΤΟΤΗΤΟΣ ΚΥΚΛΟΦΟΡΙΑ ΤΙΜΩΡΟΥΝΤΑΙ ΚΑΤΑ ΤΟΝ ΝΟΜΟΝ
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The Greek State designation on this note reflects the collaborationist administration installed under Axis occupation — the Ελληνική Πολιτεία replaced the Kingdom of Greece in name as well as authority following the April 1941 capitulation. Small-denomination emergency issues like this one were produced domestically by Aspioti-ELKA precisely because the occupation had severed access to foreign security printers, and wartime paper shortages are visibly reflected in the thin, low-quality stock on which the series was printed.

The 80 × 37 mm format is notably narrow — closer to a transit ticket than a banknote — a direct consequence of material rationing.