50 Drachmai GRC Banknote (WWII Inflation Issue) 1978
£0.009000
1 GRD = £0.000180
50 Drachmai (Issued 1978)
During 1978, Greece’s economy was navigating the recovery period following the restoration of democratic governance, with tourism, shipping, and agricultural exports forming the backbone of commercial activity that this banknote would have facilitated across the nation. The 50 Drachmai denomination served merchants, traders, and businesses engaged in international commerce, particularly those involved in maritime trade and the burgeoning tourist industry that was expanding throughout the Greek islands and mainland regions. This note circulated through a period of gradual economic stabilisation, supporting everyday transactions in shops, markets, and businesses across the country. The currency represented Greece’s commitment to modernising its financial systems during this pivotal decade.
On the front, a classical male profile portrait occupies the left side of the note, rendered in deep purple and violet tones with intricate engraving that captures fine detail in the curled beard and hair. The portrait faces rightward, displaying the refined craftsmanship typical of museum-quality banknote production. The denomination “50” appears prominently in the upper right corner within a decorative circular cartouche, repeated in the lower left quadrant in a darker purple. The text “ΤΡΑΠΕΖΑ ΤΗΣ ΕΛΛΑΔΟΣ” (Bank of Greece) is clearly visible at the top in serif typography, with “ΔΡΑΧΜΑΙ” and “ΠΕΝΤΗΚΟΝΤΑ” (Fifty Drachmas) displayed in the centre and right portions of the note. A serial number “67A 121142” appears in red on the upper right section. The background features an intricate guillochéd pattern in pale pink and cream, providing depth and security against counterfeiting. A landscape vignette showing classical architecture and figures appears in the lower right corner, rendered in muted earth tones. Decorative floral and geometric elements frame both sides of the note, with ornamental patterns creating a formal border design.
The reverse displays a maritime scene depicting a traditional sailing vessel with multiple masts positioned in the centre-left of the composition, executed in blue and grey tones that create atmospheric depth. A classical female figure in draped clothing appears on the right side, shown in profile or three-quarter view, wearing what appears to be traditional Greek garments and head covering. The denomination “50” is repeated in ornate circular cartouches positioned in the upper left and lower right corners, rendered in similar purple and blue colouration. The text “ΤΡΑΠΕΖΑ ΤΗΣ ΕΛΛΑΔΟΣ” repeats across the top, with “ΔΡΑΧΜΑΙ ΠΕΝΤΗΚΟΝΤΑ” displayed at the bottom in formal serif lettering. A decorative guillochéd border pattern runs along the bottom edge of the note in intricate detail. The background features a subtle horizontal line pattern in pale blue creating a watermark effect, with mountainous terrain visible behind the sailing vessel. The overall colour palette transitions from blue-grey in the upper portions to deeper purple tones in the lower sections, with cream and pale green accents providing contrast.
Webuyallcurrency.com buys foreign coins and banknotes for cash, including this 50 Drachmai banknote from Greece. Send it in with any other Greek Drachmas banknotes you have and we will handle the exchange in a single straightforward process.
• Indicate the quantity of 50 Drachmai Drachma / Phoenix / Grosia banknotes you want to exchange
• Click the ‘Add to your account’ button
• Your online account now shows the exchange value
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