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100 Drachmai

Uitgever National Bank of Greece
Jaar 1922
Type Log in om details te zien
Waarde 100 Drachmai
Valuta Log in om details te zien
Samenstelling Log in om details te zien
Afmetingen Log in om details te zien
Vorm Log in om details te zien
Drukker Log in om details te zien
Ontwerper(s) Log in om details te zien
Graveur(s) Log in om details te zien
In omloop tot Log in om details te zien
Referentie(s) Log in om details te zien
Beschrijving voorzijde At left, a portrait vignette of Georgios Stavros, founder of the National Bank of Greece, anchors the composition; the central field is occupied by allegorical female figures rendered in fine intaglio engraving. The national coat of arms appears at right, bearing the overprint 'ΝΕΟΝ' in Greek characters.
Opschrift voorzijde Log in om details te zien
Beschrijving keerzijde Log in om details te zien
Opschrift keerzijde ΕΘΝΙΚΗ ΤΡΑΠΕΖΑ ΤΗΣ ΕΛΛΑΔΟΣ
ΕΚΔΟΣΙΣ ΕΝΔΕΚΑΤΗ
ΔΡΑΧΜΑΙ ΕΚΑΤΟΝ
Handtekening(en) Log in om details te zien
Beveiligingstype Log in om details te zien
Beschrijving beveiliging Log in om details te zien
Varianten Log in om details te zien
Opmerkingen

This note belongs to a peculiar episode in Greek fiscal history. In 1922, the government of Dimitrios Gounaris — facing acute revenue shortages worsened by the ongoing Asia Minor campaign — ordered all holders of existing banknotes to physically surrender them, whereupon each note was cut in half. The left half was returned as circulating currency at half its face value; the right half was compulsorily converted into a forced state loan. Greece effectively halved its circulating money supply overnight without printing a single new note.

Bradbury Wilkinson had printed the original series years earlier. The bisection scheme meant their work was literally scissored apart by the state.

MISSCHIEN OOK INTERESSANT