Greek 1 Drachma Banknote 1917 1918 Issue Appraisal

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Greek 1 Drachma Banknote (1917-1918 Issue)

This item is a 1 Drachma banknote from the Kingdom of Greece, likely dating to the 1917-1918 emergency currency period. The note is remarkably small in physical size compared to modern currency, featuring a rectangular shape with a predominantly blue and grey color scheme. The central design includes the numeral '1' within a decorative guilloche pattern, surrounded by Greek text stating 'ΔΡΑΧΜΗ ΜΙΑ' (One Drachma). The top of the note indicates 'ΒΑΣΙΛΕΙΟΝ ΤΗΣ ΕΛΛΑΔΟΣ' (Kingdom of Greece). It appears to be housed in a small, vintage protective sleeve or frame with metallic-toned edges, possibly for collectible display or as a souvenir. The printing showcases the fine-line engraving typical of early 20th-century security printing. Regarding condition, the note exhibits some yellowing with age and visible creases, particularly along the vertical fold lines. The protective casing shows signs of surface wear and oxidation on the edges. These small-denomination notes were often issued as 'emergency paper' when metallic coinage was scarce due to wartime metal shortages. The craftsmanship reflects the formal treasury style of the era, with intricate border patterns designed to prevent counterfeiting.

Estimated Value

$45-75

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