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250 Drachmai Half of 500 Drachmai

Uitgever National Bank of Greece
Jaar 1922
Type Log in om details te zien
Waarde Log in om details te zien
Valuta Log in om details te zien
Samenstelling Log in om details te zien
Afmetingen Log in om details te zien
Vorm Log in om details te zien
Drukker Log in om details te zien
Ontwerper(s) Log in om details te zien
Graveur(s) Log in om details te zien
In omloop tot Log in om details te zien
Referentie(s) P#62
Beschrijving voorzijde Log in om details te zien
Opschrift voorzijde ΕΘΝΙΚΗ ΤΡΑΓΕΖΑ ΤΗΣ ΕΛΛΑΔΟΣ
ΔΡΑΧΜΑΙ
500
Beschrijving keerzijde Log in om details te zien
Opschrift keerzijde NATIONALE
500
Handtekening(en) Log in om details te zien
Beveiligingstype Log in om details te zien
Beschrijving beveiliging Log in om details te zien
Varianten Log in om details te zien
Opmerkingen

In 1922, Greece was in the middle of the catastrophic Asia Minor campaign — military expenditure had overwhelmed the treasury, and the government needed currency fast. Rather than commission an entirely new print run, the authorities took existing 500 Drachmai notes from circulation, cut them in half vertically, and declared each half legal tender for 250 Drachmai. The left half retained Pick #62a status; the right half, #62b. It was a forced loan dressed up as monetary policy.

ABNC had printed the parent 500 Drachmai notes years earlier. The Greek government's solution cost almost nothing to implement — the cutting was done by the bank itself, not in New York.

MISSCHIEN OOK INTERESSANT