1939 Greece 1000 Drachmai Note XF

Beautiful Greek World War II-Era Notes

Here you’ve got an attractive World War II-era 1,000 Drachmai Currency Note from Greece, in Extremely Fine (XF) condition! You’ll love the impressive Greek motifs on this note, including a Greek matron dressed in the traditional garb on the front, and the magnificent building most often associated with Greece—the Parthenon—built on the Acropolis at Athens, between 447 and 442 B.C. on the back. This note is from 1939, a time when Greece was on the verge of entering World War II and is a symbol of the Greek perseverance against Italian fascist dictator Benito Mussolini.

The World’s Fifth Worst Inflation Situation Of All Time

Greece was eventually occupied by the Axis powers in 1941 and during that time this 1000 Drachmai note was the largest denomination. And, since Greece suffered terribly from runaway inflation during the war, notes like this were heavily used in circulation. In 1938, the Greeks held a drachma note for an average of 40 days before spending it, but by late 1944, the average holding time shrunk to just 4 hours. Another example of the runaway inflation is evidenced by the fact that in 1942, the highest denomination of currency was 50,000 drachma, but by 1944 the highest denomination was a 100 TRILLION drachmai note. This economic catastrophe is noted as the world’s fifth worst inflation situation of all time and saw its highest monthly inflation rate reach 13,800% with prices doubling nearly every 4 days!

Availability is strictly limited, so secure one of these historic 1939 Greece 1000 Drachmai Note now in Extremely Fine (XF) condition! Act fast or risk missing out!