Correct inscription “EΠI” at left, error “ENI” right.
of the various banks which had originally prepared the notes for destruction. They are actually rather rare and difficult to find today – but don't expect to find one in anything above poor to good condition!
Picture title noted in The
inconsistencies are Standard Catalog
to be found only on two notes (Pick 117 and 120)
occurred on German occupation notes. In the first 1941, the picture caption was originally engraved
instance, upon the
the 1000 drachma note of illustration of a waterfall
upon the reverse of the note. This resulted in this, the printer modified the reverse plate so a “box” with a white background, making
a rather indistinguishable title. To rectify that the picture title was contained within
example, a 10,000 drachma treasury on the reverse, the
note depicting a farm same situation arose
couple on when the
its obverse and the original engraving
an obscure the caption
title. This in order to
was rectified in the same way, by producing make it stand out from the background.
The Greek inflation series does not employ watermarked paper with but one exception that I know of. This contradiction occurs on the 5,000 drachma issue of 20 June 1942, (Pick 119). Most 5,000 drachma notes do not contain a watermark. Those with a watermark were printed on paper consisting of rows of adjoining circles and lines giving it an overall “honeycomb” effect. This is the same watermark that may be found on Greek agricultural treasury bonds and, perhaps, other fiscal paper. Whether the watermarked paper ended up on Greek bank notes intentionally or by accident is one of pure speculation. If by accident, perhaps through carelessness, the wrong paper could have been withdrawn from treasury stock; if on purpose, perhaps the move was dictated by a shortage of un-watermarked paper at the Treasury.
Another interesting deviation appears on the 200 million drachma note of 9 September 1944 (Pick 131). This takes the form of two different under-prints. On the more common the under-print consists of a lathe work containing alternate horizontal rows of open and shaded oval, similar to a cotton “Q tip” in appearance. The scarcer version consists of interconnecting circles and dots.