Catalog
1000 Drachmai cut note
| Issuer | National Bank of Greece |
|---|---|
| Year | 1926 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Rectangular |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | This is a cut portion of P#69, retaining the central design area of the original 1000 Drachmai note. The central vignette carries the Greek royal coat of arms — a shield bearing the cross supported by two allegorical male figures beneath a crown — set within a circular guilloche border. The denomination 1000 appears in numerals above and below the arms, with the inscription ΓΛΗΡΩΤΕΑΙ ΕΠΙ ΤΗ ΕΜΦΑΝΙΣΕΙ / Ο ΒΑΣ. ΕΓΙΤΡΟΓΟΣ below, and a red overprint ΝΕΟΝ across the central medallion. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | ΕΘΝΙΚΗ 1000 |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Log in to see details |
| Variants | Log in to see details |
| Comments |
The 1926 Greek 1000 Drachmai (Pick 83) is a cut note — meaning it was issued as one half of a larger denomination note, physically bisected as an emergency measure to create smaller-value currency from existing stock. Greece was in the middle of severe monetary instability during this period, with the drachma under sustained pressure following the catastrophic population exchange with Turkey after 1922, which flooded Greece with over a million refugees and strained public finances to breaking point.
The National Bank of Greece had the legal authority to issue currency at this time, before the Bank of Greece was established in 1928 and took over that function.