Catalog
100 Drachmai
| Issuer | National Bank of Greece |
|---|---|
| Year | 1928 |
| Type | Standard circulation banknote |
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| Obverse description | Dark green on multicolour underprint. Portrait vignette of Georgios Stavros, founder of the National Bank of Greece, at left; denomination in large numerals at centre; an ancient coin motif at right. The design is executed in intaglio with fine guilloche patterning throughout the underprint. |
|---|---|
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| Reverse description | Dark green on multicolour underprint. A central vignette reproduces an ancient coin with the head of Apollo; the denomination is repeated in large numerals at both sides within a guilloche-enriched border. The overall composition balances classical numismatic imagery with formal letterpress inscriptions. |
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| Comments |
The 1928 Greek 100 Drachmai was issued under the currency stabilization program negotiated with the League of Nations — part of the same package that established the Bank of Greece as an independent central bank later that year, effectively ending the National Bank of Greece's monopoly on note issue. This note was printed before that transition completed, making it one of the final issues under the old institutional arrangement.
The American Bank Note Company contract reflected Greece's need for internationally credible, difficult-to-counterfeit paper after years of monetary instability following the Asia Minor catastrophe and the massive influx of refugees from Turkey in 1922-23.