Extreme Banknotes
Greece 1000 Drachmai 1928 P-96 VG-F
Greece 1000 Drachmai 1928 P-96 VG-F
Interwar Greek drachma — soon to be wiped out by the hyperinflation of the 1941–44 Axis occupation.
Our collector score for history, scarcity, curiosity, age & condition — see the breakdown in the description. Not a valuation.
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🌟 The Ultimate Greek Banknote:
Own a fascinating piece of financial history with this rare 1000 Drachmai transitional note! Featuring a striking red overprint marking the birth of the modern Bank of Greece, this vintage banknote is a must-have for serious collectors of European history and ancient Hellenic art.
⚡ Extreme Index: 5.7 / 10
Why it’s extreme: Interwar Greek drachma — soon to be wiped out by the hyperinflation of the 1941–44 Axis occupation.
- History & drama (30%): 7/10
- Scarcity (25%): 4.5/10 (our estimate)
- Wow factor (20%): 5.5/10
- Age (15%): 7/10
- Condition (10%): 3.5/10
The Extreme Index is Extreme Banknotes’ own collector score based on history, scarcity, curiosity, age and condition — it is not a valuation or investment rating.
📦 Included Banknote(s):
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ND (1928) Greece 1000 Drachmai with Red Overprint (P-96)
📖 History and Significance:
Originally printed in 1926 by the National Bank of Greece, this note was repurposed during a major economic shift. In 1928, the newly formed Bank of Greece (Τράπεζα της Ελλάδος) took over the country's currency issuance. Instead of printing entirely new money immediately, they applied a bold red overprint to existing 1926 notes, making this a highly collectible transitional issue that bridges two eras of Greek banking.
🎨 Design Details:
The obverse features a distinguished portrait of Georgios Stavros, the founder of the National Bank of Greece, overlaid with the historic red "ΤΡΑΠΕΖΑ ΤΗΣ ΕΛΛΑΔΟΣ" stamp. The reverse displays a magnificent engraving of the ancient Lion Gate at Mycenae, one of the most famous archaeological monuments of the Bronze Age Mycenaean civilization.
🔍 Numismatic Features:
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Size: 158 x 84 mm
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Material: Paper
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Type: Standard Circulation Banknote (Overprinted)
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Currency: Drachma (1832-2001)
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Country: Greece
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Issuing Authority: Bank of Greece (Overprint on National Bank of Greece note)
✅ Condition Guide:
VG-F (Very Good to Fine) / Circulated. A note in this grade shows considerable signs of heavy circulation, including prominent folds, creases, edge wear, rounded corners, small pinholes, and a loss of original paper crispness. Please note: Because we hold multiple quantities in inventory, the exact serial numbers will vary. This condition guide represents our overall quality standard rather than the specific flaws of the photographed note.
🛡️ Why Shop with Us?
🛡️ Why Shop with Us?
100% Guaranteed Authenticity: Every single note is individually verified by our banknote experts.
Secure Shipping: Shipped securely and flat in archival-safe protective sleeves and hard cardboard envelope to avoid any transit bending.
Tracked Premium Dispatch: Dispatched fast from Hungary, using Spring GDS, a worldwide trusted Dutch postal service, with a full door-to-door international tracking.
📜 Shop Policies & Disclaimers
📜 Shop Policies & Disclaimers
Products: All items sold by us are vintage, numismatic collectibles for historical study, collecting and display. They are not sold as current legal tender for circulation, nor do they constitute financial investments or investment instruments.
Authenticity Guarantee: Unless explicitly stated otherwise in the listing title or description:
- All banknotes are guaranteed to be 100% genuine and authentic.
- PMG-graded notes are third-party authenticated and graded by Paper Money Guaranty (PMG).
- Raw (ungraded) notes are meticulously inspected and authenticated by our in-house numismatic experts.
- Any replica, reproduction, or novelty item will always be clearly and prominently labeled.
Images & Descriptions: Our product photography aims to represent each item with maximum accuracy. However:
- Slight color variations may occur due to studio lighting, camera settings, or individual screen displays.
Returns & Refunds:
- To receive a full or partial refund, the buyer must return the item(s) in question to our shop.
- Unless otherwise agreed upon in writing, returned items must be securely shipped back within 30 days of the return request approval.
- The buyer is responsible for taking reasonable care of the item(s) to ensure they arrive in their original condition.
- Return shipping arrangements (including prepaid labels, if applicable under policies) will be clearly communicated at the time of the return request.
📩 Contact Us
📩 Contact Us
Are you searching for a specific banknote to complete your collection? Do you have questions about a piece, our grading, or an existing order? Feel free to reach out to us through Messages, we are always here to assist you!
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CONDITION GUIDE
Gem Uncirculated
A note that is flawless, with the same freshness, crispness and bright color as when first printed. It
must be perfectly centered, with full margins, and free of any marks, blemishes or traces of handling.
About Uncirculated
A bright, crisp note that appears new but upon close examination shows a trace of very light use, such as a corner fold or faint crease. 'About Uncirculated' is a borderline condition, applied to a note which may not be quite uncirculated, but yet is obviously better than an average Extra Fine note. Such notes command a price only slightly below a new note and are highly desirable.
Extra Fine
A note that shows some faint evidence of circulation, although it will still be bright and retain nearly full crispness. It may have two or three minor folds or creases but no tears or stains and no discolorations.
Very Fine
A note that has been in circulation, but not actively or for long. It still retains some crispness and is still choice enough in its condition to be altogether desirable. It may show folds or creases, or some light smudges from the hands of a past generation. Sometimes, Very Fine notes are the best available in certain rare issues, and they should accordingly be cherished just as much as uncirculated notes.
Fine
A fine note shows evidence of much more circulation, has lost its crispness and very fine detail, and creases are more pronounced, although the note is still not seriously soiled or stained.
SHIPPING
Tracking information will be provided!
Your banknote will be packaged between two sturdy pieces of cardboard to safeguard its condition during transit, guaranteeing it arrives to you exactly as described. Should you have any inquiries, please don't hesitate to reach out - we're here to assist you!