Catalog
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| Issuer | Bank of Greece |
|---|---|
| Year | 1944 |
| Type | Local banknote |
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| Obverse description | Orange-tinted note with a symmetrical letterpress design; the heading ΤΡΑΠΕΖΑ ΤΗΣ ΕΛΛΑΔΟΣ / ΤΑΜΕΙΑΚΟΝ ΓΡΑΜΜΑΤΙΩΝ arches across the top above the large central denomination numeral 200 flanked by decorative guilloche rosettes in each corner. A text block in Greek below the denomination confirms the note's validity as a treasury bill payable to bearer, dated ΚΑΛΑΜΑΙ ΤΗ 5 ΟΚΤΩΒΡΙΟΥ 1944, with two manuscript signatures at the lower left and lower right. |
|---|---|
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| Reverse description | Printed in brown on plain paper, the reverse is dominated by an overall floral and geometric guilloche underprint pattern covering the entire surface. A central oval vignette contains elaborate scrollwork surrounding the numeral 200, with the bank title ΤΡΑΠΕΖΑ ΤΗΣ ΕΛΛΑΔΟΣ across the top and ΕΚΑΤΟΜΜΥΡΙΑ along the bottom; denomination numerals 200 appear in each corner. A circular Bank of Greece branch stamp is impressed at the left centre. |
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| Comments |
By mid-1944 the Axis occupation had driven Greek inflation into one of the most severe hyperinflationary collapses in recorded history. The Bank of Greece was forced to authorize regional emergency issues — this note is one of them, produced locally in Kalamata rather than at a central facility, reflecting the near-total breakdown of any coordinated monetary infrastructure. The Kalamata issue is among the more geographically specific survivors of that period.
Notes of this regional type were typically produced under improvised conditions and circulated only briefly before denomination became meaningless. By November 1944, the 200,000,000 drachmai figure was already obsolete — the currency was redenominated at 50 billion old drachmai to one new drachma.