100 Phoenix

The Phoenix was Greece's first national currency, introduced by Ioannis Kapodistrias after independence from Ottoman rule. This 100 Phoenix note, issued by the National Bank Commission, belongs to one of the earliest paper money series ever produced for the Greek state — a series so mistrusted by the population that most notes were refused outright and returned to government offices unredeemed.

Kapodistrias was assassinated in October 1831, the same year this note was issued, plunging the country into factional civil war. The Phoenix itself was abolished in 1833 when the incoming Bavarian regency replaced it with the Drachma at a rate of one Drachma to six Phoenix.

Surviving examples are genuinely rare — a direct consequence of low acceptance and the brevity of the currency's existence.