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1000 Drachmai 1935 Punch Holes 1941
| Issuer | Bank of Greece |
|---|---|
| Year | 1941 |
| Type | Standard circulation banknote |
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| Obverse description | Central vignette of a young woman in traditional Greek national costume, rendered in intaglio, holding a jug and facing slightly forward against a multicolour floral and foliate guilloche background. Serial numbers and series prefix appear in the upper corners, with the bank title in red letterpress at left and the denomination in bold blue type below. Three facsimile signatures appear across the lower portion beneath their respective titles, with payment clause and date of 1 May 1935 inscribed at centre-left; six cancellation punch holes are present throughout the note. |
|---|---|
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| Protection type | Watermark |
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| Comments |
When the Axis occupied Greece in April 1941, existing banknotes were formally cancelled through punch-hole invalidation rather than withdrawal — a practical measure given the near-total collapse of the distribution infrastructure. This particular 1935-dated note was printed by the Banque de France and remained in official inventory when the occupation began; the punch holes mark its removal from circulation under the collaborationist administration rather than by any act of the legitimate Greek government.
Sébastien Laurent's design had already been in service for six years by that point, and the 1000 Drachmai denomination would soon be dwarfed into irrelevance by the hyperinflation that followed — by 1944, the occupying authorities were issuing notes denominated in the billions.