Collection › Greece › #247
500 GRD
P-P-201
Needs review
✦ AI 92%
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Where & when
What's on the note
Front: Ioannis Kapodistrias (1776–1831), Greek diplomat, foreign minister of the Russian Empire, and first Governor of independent Greece (1828–1831). He is considered the founder of the modern Greek state and appears on this note alongside an architectural view of a building in Athens. Kapodistrias played a crucial role in Greek independence and state formation before his assassination in 1831. The date 'ΑΘΗΝΑ / ΦΕΒΡΟΥΑΡΙΟΥ 1983' (Athens, February 1983) is printed on the note.
Back: The Old Fortress of Corfu (Palaio Frourio), a Venetian fortress on the island of Corfu built on an ancient acropolis site. The fortress was constructed primarily between the 15th and 16th centuries during Venetian rule to protect against Ottoman attacks. The view shows the fortress on its rocky promontory with the characteristic architecture and defensive walls, symbolizing Greek maritime history and resilience. Decorative olive branches appear at the lower corners.
How it was made
Signatures: Governor: Ιωάννης Μπούρδας (Ioannis Bourdas); unknown second signatory
Security features: watermark,intaglio,microprint
Greece in Europe
Greece in Europe. Other countries on the same continent shown in muted grey.
Background & history
This 500 drachma note is part of the 1983 series issued by the Bank of Greece (Τράπεζα της Ελλάδος). This series remained in circulation throughout the 1980s and 1990s until the adoption of the Euro in 2002. The note honours Ioannis Kapodistrias, a central figure in Greek independence and state-building. The denomination was common during a period of moderate inflation in Greece. All Greek drachma notes were demonetized on February 28, 2002, following Greece's adoption of the Euro on January 1, 2001.
Collector references
How it came to me
Heavily circulated with significant creasing, edge wear, and soiling throughout. Multiple vertical and horizontal folds visible. Paper remains intact but shows extensive handling wear consistent with Fine grade.
What it's worth now
Valuation history (1)
| date | low | high | currency | source | note |
|---|---|---|---|---|---|
| 2026-05-08 17:25:53 | 2.0 | 5.0 | USD | ai | from claude-sonnet-4-5 |
History & extractions
AI extractions (2)
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