Catalog
100 Drachmai punch holes, 1927 type
| Issuer | Bank of Greece |
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| Year | 1941 |
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| Currency | First modern drachma (1832-1944) |
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| Obverse description | Dark green on multicolour underprint. A vignette of Georgios Stavros, founder of the National Bank of Greece, appears at left, with the denomination at centre and an ancient coin motif at right. Six cancellation punch holes are applied throughout the centre of the note. |
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| Reverse lettering | ΕΘΝΙΚΗ ΤΡΑΠΕΖΑ ΤΗΣ ΕΛΛΑΔΟΣ ΑΠΟΛΛΩΝ ΕΚΔΟΣΙΣ ΔΕΚΑΤΗ ΤΕΤΑΡΤΗ AMERICAN BANK NOTE COMPANY |
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| Comments |
The 1927-type 100 Drachmai plate was already well over a decade old when the Bank of Greece returned to it in 1941 — a decision driven entirely by the German and Italian occupation cutting off access to new security printing infrastructure. The American Bank Note Company plates had been used for multiple reprint runs, making this one of the more reissued designs in interwar Greek currency.
The punch holes cancellation was applied to distinguish reissued stock from original circulating notes, a precaution against duplicate liabilities during the occupation's monetary chaos. Greek inflation would become catastrophic by 1943-44, rendering all such denominations essentially worthless within a few years of this note's issue.