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100 000 000 Drachmai Corfu
| Issuer | Bank of Greece, Corfu Branch (Τράπεζα της Ελλάδος, Υποκατάστημα Κερκύρας) |
|---|---|
| Year | 1944 |
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| Currency | First modern drachma (1832-1944) |
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| Obverse description | Green text on a yellow-green guilloche underprint, with ornamental border frames at left and right margins. The upper portion bears the issuing authority inscription in Greek, followed by the denomination expressed in large numerals '100' flanked by the words ΕΚΑΤΟΝ and ΕΚΑΤΟΜΜΥΡΙΩΝ. The lower section contains a multi-line authorization text in Greek dated 17 October 1944, with two manuscript signatures at bottom left and right. |
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| Obverse lettering | ΤΡΑΠΕΖΑ ΤΗΣ ΕΛΛΑΔΟΣ ΥΠΟΚΑΤΑΣΤΗΜΑ ΚΕΡΚΥΡΑΣ ΤΑΜΙΑΚΟΝ ΓΡΑΜΜΑΤΙΟΝ ΔΡΑΧΜΩΝ ΕΚΑΤΟΝ 100 ΕΚΑΤΟΜΜΥΡΙΩΝ ΕΚΔΟΘΕΝ ΒΑΣΕΙ ΤΟΥ ΥΠ ΑΡΙΘ. 24 ΤΗΣ 17ΗΣ ΟΚΤΩΒΡΙΟΥ 1944 ΚΥΒΕΡΝΗΤΙΚΟΥ Δ/ΤΟΣ ΚΑΙ ΑΝΤΑΛΛΑΚΤΕΟΝ ΔΙΑ ΤΡΑΠΕΖΟΓΡΑΜΜΑΤΙΩΝ ΤΗΣ ΤΡΑΠΕΖΗΣ ΕΛΛΑΔΟΣ ΕΝ ΚΕΡΚΥΡΑ ΤΗ 17Η ΟΚΤΩΒΡΙΟΥ 1944 ΔΙΑ ΤΟΝ ΚΥΒΕΡΝΗΤΙΚΟΝ ΕΠΙΤΡΟΠΟΝ ΔΙΑ ΤΗΝ ΤΡΑΠΕΖΑΝ ΕΛΛΑΔΟΣ |
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| Comments |
Greece's hyperinflation of 1943–44 was among the worst the twentieth century produced. The occupation authorities — German, Italian, and Bulgarian — financed their operations by forcing the Bank of Greece to print, and the drachma collapsed accordingly. By late 1944, denominations that would have been unimaginable five years earlier were routine instruments of daily trade.
The Corfu branch issue is the telling detail here. Regional branches of the Bank of Greece were authorized to overstamp or separately issue notes as logistical conditions demanded — Corfu's geographic isolation as an Ionian island made central supply unreliable. This branch provenance is what distinguishes P#156 from the Athens-issued notes of the same denomination and period.