1941 Bank of Greece 50 Drachmai Banknote - WW2 Era Greek Note - Red Print, Head of Hesiod Type - 1941 Fifty Drachmai Greek Note - P#168a

This listing is for the photographed 1941 Bank of Greece 50 Drachmai WW2 Era Note. Issued in Athens on January 1st, 1941, during World War II. The obverse of this note depicts the Head of Hesiod within an oval frame on the left end, and the white tower of Thessaloniki at the lower center. The reverse of this note displays a marble bas-relief of Poseidon, Apollo, and Artemis in the meeting of the gods, from the east frieze of the Parthenon at Athens. Extremely Fine (XF) grade/condition, minor visible folds and signs of circulation. Rarer red print color type. Beautiful Greek bank note that displays both modern and ancient Greek History. Great rarer addition to any collection! P#168a (Pick Number 168a).

After Greece gained independence from the Ottoman Empire in 1821, the government issued their first versions of paper currency in the independent nation, which displayed a Phoenix to symbolize the rebirth of Greece. In 1841 the National Bank of Greece was established, becoming the official issuing authority of paper currency until 1928. From 1928 to 2001 the Bank of Greece took over the issuance of Greek banknotes, issuing this note in 1955. The bank had to adapt to the economic fluctuations of the country after the two World Wars, with evidence of inflation from their high denominations of Drachmai notes immediately after World War II. In 2002 Greece officially changed their national currency to the Euro, demonetizing the Greek Drachmai.

This note is an extremely interesting piece of Greek history in great condition, making it a great addition to any collection!

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1941 Bank of Greece 50 Drachmai Banknote - WW2 Era Greek Note - Red Print, Head of Hesiod Type - 1941 Fifty Drachmai Greek Note - P#168a