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100 Drachmai Punch holes
| Issuer | Bank of Greece |
|---|---|
| Year | 1941 |
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| Value | Log in to see details |
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| Printer | Bank of Greece Printing Works, Athens |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Central intaglio vignette of a young woman in traditional dress, carrying a large wicker basket of grapes balanced on her head, her right arm raised to support it. The decorative border is composed of grapevine tendrils, vine leaves, and hanging clusters of grapes at all four corners, evoking the Greek agricultural tradition. The denomination inscription appears to the right of the figure, with the issue designation at lower right. |
| Reverse lettering | 100 ΤΡΑΠΕΖΑ ΤΗΣ ΕΛΛΑΔΟΣ 100 ΔΡΑΧΜΑΙ ΕΚΑΤΟΝ ΕΚΔΟΣΙΣ ΠΡΩΤΗ (Translation: 100 Bank of Greece 100 Drachmai One Hundred First issue) |
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| Comments |
This is the wartime cancellation issue of the 1935-dated 100 Drachmai series, formally demonetized and retired during the Axis occupation. Punch-cancelled examples — typically two or three holes driven through the note — were the Bank of Greece's standard administrative method for voiding returned stock rather than destroying it outright, which means surviving punched examples represent official bank records rather than circulated currency.
The occupation-era monetary collapse that followed makes 1941 a particularly sharp dividing line: within months, the drachma would begin its catastrophic hyperinflationary spiral under German and Italian requisitioning demands.