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1000 Drachmai

Issuer National Bank of Greece
Year 1917-1918
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Value 1000 Drachmai
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Obverse lettering ΕΘΝΙΚΗ ΤΡΑΠΕΖΑ ΤΗΣ ΕΛΛΑΔΟΣ 1000 ΔΡΑΧΜΑΙ ΧΙΛΙΑΙ 1000 Πληρωτέαι ἐπὶ τῇ ἐμφανίσει. Έν Άθήναις, τῇ 4 Νοεμβρίου 1917. Ό ΤΑΜΙΑΣ Ό ΔΙΟΙΚΗΤΗΣ Ό ΒΑΣ. ΕΠΙΤΡΟΠΟΣ American Bank Note Co New York
(Translation: National Bank of Greece 1000 One thousand drachmai 1000 Paid on appearance. In Athens, on 4 November 1917. The cashier The governor The royal commissioner)
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Reverse lettering BANQUE NATIONALE DE GRÈCE ΝΟΜΟΣ 30 Μαρτίου 1841. ΠΕΡΙ ΣΥΣΤΑΣΕΩΣ ΕΘΝΙΚΗΣ ΤΡΑΠΕΖΗΣ. 4 Νοεμβρίου 1917. ΑΘΗΝΗΣΙ American Bank Note Co New York
(Translation: National Bank of Greece Law of 30 March 1841. On the establishment of a national bank. 4 November 1917. Athens.)
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Comments

Greece entered the First World War on the Allied side in June 1917 following the forced abdication of King Constantine I, and this high-denomination note belongs to the immediate fiscal aftermath of that political rupture. The National Bank of Greece turned to the American Bank Note Company — already familiar with Greek commissions — as European printing capacity was badly disrupted by the war.

The 1000 Drachmai was not a note for ordinary transactions. At that value, it moved through commercial and governmental channels rather than retail ones, which means genuine circulation wear is uncommon but not unknown.

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