1941 Greece 5 Drachmai Banknote - WW2 Greek Banknote - Uncirculated (UNC) - 1941 Five Drachmai Small Greek Note - P#319

This listing is for the photographed 1941 5 Drachmai Greece Small Uncirculated Banknote. Issued in Athens on June 18th, 1941. Issued during World War II. Small size and small denomination note. The obverse of this note shows the three women of Knossos at the center. The reverse of this note portrays the note's denomination with a column displayed at the center. Beautiful Greek bank note that displays both modern and ancient Greek History. Crisp Uncirculated (UNC) grade/condition, no signs of circulation, crisp note! Great addition to any collection! P#319 (Pick Number 319).

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 Greece 5 Drachmai Banknote - WW2 Greek Banknote - Uncirculated (UNC) - 1941 Five Drachmai Small Greek Note - P#319