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100 Drachmai Punch holes
| Issuer | Bank of Greece |
|---|---|
| Year | 1941 |
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| Printer | Bank of Greece Printing Works, Athens |
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| Obverse description | Central vignette of Hermes rendered in intaglio, shown as a classical bust with caduceus, set within an ornate floral and foliate border with laurel sprays at the corners. Denomination numeral "100" in blue appears at upper left and upper right, flanking the bank title inscription across the top. Three signature lines with corresponding role titles appear at lower left, above the serial number panel. |
|---|---|
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| Protection description | Young man |
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| Comments |
This is the wartime cancellation issue of the 1935-dated 100 Drachmai series, formally demonetized and retired during the Axis occupation. Punch-cancelled examples — typically two or three holes driven through the note — were the Bank of Greece's standard administrative method for voiding returned stock rather than destroying it outright, which means surviving punched examples represent official bank records rather than circulated currency.
The occupation-era monetary collapse that followed makes 1941 a particularly sharp dividing line: within months, the drachma would begin its catastrophic hyperinflationary spiral under German and Italian requisitioning demands.