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10 Drachmai
| Issuer | Bank of Greece |
|---|---|
| Year | 1954 |
| Type | Log in to see details |
| Value | 10 Drachmai (10 GRD) |
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| Composition | Log in to see details |
| Size | Log in to see details |
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| 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 |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Central vignette of the celebrated bronze Charioteer of Delphi, superimposed over an ancient frieze relief portraying a chariot race scene in intaglio style. |
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| Protection type | Log in to see details |
| Protection description | Head of Apollo. |
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| Comments |
Greece established its own banknote printing facility at Holargos, near Athens, partly in response to the chaos of the occupation years and the catastrophic hyperinflation of 1941–1944, during which the country had depended on foreign printers. The Idryma Ektiposeos was one of the first state printing offices in the region to be built with postwar reconstruction funds — getting sovereign control over note production was a deliberate policy decision, not just a logistical convenience.
The 1954 series was issued under the new drachma introduced in 1953, when Greece redenominated at 1,000 old drachmai to one new. This 10-drachmai note circulated during a period of strict IMF-monitored monetary discipline, and low denominations like this one saw heavy use before inflation gradually rendered them obsolete by the early 1960s.