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10 Drachmai

Issuer Bank of Greece
Year 1954-1955
Type Standard circulation banknote
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Obverse lettering 10 10 ΤΡΑΠΕΖΑ ΤΗΣ ΕΛΛΑΔΟΣ ΔΡΑΧΜΑΙ ΔΕΚΑ Πληρωτέαι ἐπί τῇ ἐμφανίσει Έν Άθήναις τῇ 15ῃ Μαρτίου 1955 Ο ΔΙΕΥΘΥΝΤΗΣ Ο ΔΙΟΙΚΗΤΗΣ 10
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Reverse lettering 10 ΤΡΑΠΕΖΑ ΤΗΣ ΕΛΛΑΔΟΣ 10 ΑΓ. ΑΠΟΣΤΟΛΟΙ ΘΕΣΣΑΛΟΝΙΚΗΣ 10 ΔΡΑΧΜΑΙ ΔΕΚΑ 10 ΙΔΡΥΜΑ ΤΡΑΠΕΖΗΣ ΕΛΛΑΔΟΣ
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Comments

Greece had only recently stabilized its currency after the catastrophic hyperinflation of the Axis occupation years and the subsequent 1944 redenomination — when one new drachma replaced 50 billion old ones. By 1954, the Bank of Greece was working to consolidate a functional domestic printing infrastructure, and this note came from the Idryma Ektiposeos facility at Holargos, one of the earliest Greek-produced issues to emerge fully from national rather than foreign presses.

The watermark security is modest by contemporary standards, reflecting the technical limitations of the Holargos operation in its early years.

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