Catalog
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| Issuer | Bank of Greece |
|---|---|
| Year | 1947 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Second modern drachma (1944-1953) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Teal print on a light grey underprint. The watermark window is reserved at left, while a central vignette presents a Medusa head alongside a crowing rooster. The denomination in numerals appears at right, framed by guilloche borders. |
| Reverse lettering | ΕΚΔΟΣΙΣ ΠΡΩΤΗ ΤΡΑΠΕΖΑ ΤΗΣ ΕΛΛΑΔΟΣ ΔΡΑΧΜΑΙ ΕΙΚΟΣΙ ΧΙΛΙΑΔΕΣ 20.000 20.000 |
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| Comments |
Greece's postwar hyperinflation had already peaked by late 1944 — the infamous 100 trillion drachmai notes belong to that period — but the monetary wreckage lingered. This 20,000 drachmai note, issued in 1947 under a stabilization regime still struggling to reassert credibility, represents a denomination that would have been unthinkable before the war. Bradbury Wilkinson printed it in New Malden, as they did much of the Bank of Greece's emergency and transitional output during this period.
The six palmettes at the base are a detail used to distinguish this variant within what is otherwise a crowded and confusing series of high-denomination notes sharing closely related designs.