Bank.notes

Collection Greece #253

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200 GRD

Greece 1900_1945 F P-P-130 Needs review ✦ AI 85%
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Front · IMG_6555.jpeg cropped
Back · IMG_6556.jpeg cropped
Pair check: ! check failed checked 2026-05-09T09:56:15.845905
Identity

Where & when

Country Greece
Currency GRD
Denomination 200
Series name Axis occupation issue
Series year
Issue year
Era 1900_1945
Legal status demonetized
Predecessor currency Greek drachma (pre-war)
Successor currency Greek drachma (1944 revaluation)
Subjects & design

What's on the note

Front portrait
Reverse subject
Watermark
Color palette #d4c8a8,#8b7355,#2f2416
Themes commemorative
Language / script Greek

Front: Geometric design with central denomination '200 ΔΡΑΧΜΑΙ' in ornate guilloche rosette, without portrait. The note bears the text 'ΤΡΑΠΕΖΑ ΤΗΣ ΕΛΛΑΔΟΣ' (Bank of Greece) and 'ΕΚΔΟΣΙΣ ΠΡΩΤΗ' (First Issue). This design typifies the simplified, non-portrait banknotes issued during the Axis occupation of Greece (1941–1944), a period marked by catastrophic hyperinflation that rendered the drachma nearly worthless.

Back: Denomination '200 ΔΙΑΚΟΣΙΑΙ ΔΡΑΧΜΑΙ' (two hundred drachmas) at center with ornate guilloche patterns and Greek key meander borders. A red overprint stamp reading 'ΚΖ Σελλασίε' appears at upper right, likely a validation or control mark. The reverse design mirrors the front's emphasis on security printing rather than national iconography, reflecting wartime exigencies.

Production

How it was made

Issuer Bank of Greece
Issuer (native) ΤΡΑΠΕΖΑ ΤΗΣ ΕΛΛΑΔΟΣ
Printer
Engraver
Material paper
Dimensions (mm)

Security features: guilloche,microprint

Geography

Greece in Europe

Greece in Europe. Other countries on the same continent shown in muted grey.

The story

Background & history

This 200 drachma note belongs to the first issue series (ΕΚΔΟΣΙΣ ΠΡΩΤΗ) printed during the Axis occupation of Greece (1941–1944). The occupation triggered one of history's worst hyperinflations, with the drachma losing virtually all value as occupation authorities printed massive quantities of currency. By 1944, notes of astronomical denominations were required for basic transactions. Following liberation, Greece undertook currency reform to stabilize the drachma. These occupation-era notes are historically significant as tangible evidence of economic warfare and civilian suffering during WWII.

Catalogue

Collector references

Pick # P-130
Krause ID
Rarity tier common
Series range 1943–1944
Provenance

How it came to me

Acquired date
Acquired from
Acquired price
Currency
Condition
Grade F
Serial number

Note shows significant circulation wear with creases, light staining, and aging consistent with wartime use. Paper is intact but worn.

Valuation

What it's worth now

$5–$15
Type default range $5–$15
Valuation history (1)
datelowhighcurrencysourcenote
2026-05-08 17:27:21 5.0 15.0 USD ai from claude-sonnet-4-5
Technical

History & extractions

AI extractions (2)
research:openai · gpt-4o 2026-05-09 09:40:00
status: ok · step 10 · $0.0252 · 6349↓ + 935↑ tokens
anthropic · claude-sonnet-4-5 2026-05-08 17:27:21
status: ok · step 1 · $0.0363 · 6237↓ + 1175↑ tokens
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