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5000 Drachmai

Issuer Bank of Greece
Year 1932
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Value 5000 Drachmai
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Obverse description Central vignette of helmeted Pallas Athena in profile facing right, flanked by classical columns on either side with denomination numerals. Three signature lines appear below the central design, with the issuer title across the top and the full value inscription reading ΠΕΝΤΕ ΧΙΛΙΑΔΕΣ ΔΡΑΧΜΑΙ, dated 1 September 1932.
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Variants P#103a(1) - size of the note: 207 x 100 mm size of printed area on front: 199 x 94 mm sze of printed area on back: 189 x 84 mm
P#103a(2) - size of the note: 202 x 100 mm size of printed area on front: 196 x 93 mm sze of printed area on back: 185 x 84 mm
Comments

The Bank of Greece was only four years old when this note was issued — established in 1928 as part of the League of Nations stabilization program that finally pegged the drachma after years of inflationary turbulence following the catastrophic 1922 defeat in Anatolia and the population exchange that followed. The 5000 Drachmai denomination reflects the scale of monetary damage that stabilization was trying to paper over.

ABNC's involvement came through the Greek government's deliberate preference for foreign-printed security paper, considered more resistant to local forgery networks. The intaglio work is characteristic of ABNC's output from this period.

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