Catalog
100 Drachmai
| Issuer | National Bank of Greece |
|---|---|
| Year | 1923 |
| Type | Standard circulation banknote |
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| Obverse description | Central vignette of a portrait of Georgios Stavros, founder of the National Bank of Greece, flanked by classical column motifs and denomination numerals at left and right. The composition is framed by ornate guilloche borders typical of American Bank Note Company engraving work. |
|---|---|
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| Reverse description | Central vignette of the Eleusinian Relief, an ancient Greek marble bas-relief portraying the goddesses Demeter and Persephone presenting Triptolemus with a sheaf of wheat, surrounded by denomination inscriptions and decorative guilloche patterns at the lateral margins. |
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| Comments |
The National Bank of Greece turned to the American Bank Note Company for several issues during the early 1920s, a period when domestic printing infrastructure could not reliably meet demand and political instability — including the catastrophic end of the Anatolian campaign in 1922 and the subsequent population exchange — was reshaping the Greek economy under severe strain.
The 1923 date places this note squarely in the currency chaos following the Asia Minor disaster, when Greece absorbed over a million refugees and inflation pressures mounted rapidly. Within a few years the drachma would be restructured entirely under the 1928 stabilization program tied to League of Nations supervision.