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100 Drachmai cut note
| Issuer | Bank of Greece |
|---|---|
| Year | 1926 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | ΑΘΗΝΗΣΙ ΤΗ 1 ΜΑΡΤΙΟΥ 1923 Ο ΔΙΕΥΘΥΝΤΗΣ |
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| Reverse lettering | 100 |
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| Comments |
This note belongs to a short-lived interwar series issued during a period of acute monetary instability in Greece — the country had only recently stabilized its currency following the catastrophic population exchange with Turkey and the fiscal strain of absorbing over a million refugees. The 1926 issues were among the last before the Bank of Greece was formally reconstituted under the 1927 stabilization agreement backed by the League of Nations.
The "cut note" designation refers to a bisect practice: notes were officially cut in half and each half circulated as a lower denomination to relieve a chronic shortage of small currency. Bradbury, Wilkinson produced the parent sheets; the cutting and revalidation happened locally.