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Greece 50 Drachmai 1978

Item Code: GR-199

Obverse: Head of Poseidon (Neptune), god of the sea and of earthquakes. Helmeted Athena supervises Argus
constructing a sailing boat called Argo, the ship of the Argonauts. Tiphys, the pilot is in the centre. Reverse: Scene
of Laskarina Bouboulina attacking the fortress of Palamidi at Nafplion. Sailing ships. Watermark: Head of
Charioteer of Delphi (Heniokhos), commissioned by Polyzalus, Delphi Archaeological Museum. Security features:
Watermark. Running serial numbers. Metallic security strip near the centre of the banknote. Main colour: Blue.
Design: I. Stinis, V. Sabatakos, P. Sotiriou and N. Nikolaou. Engraving: L. Orphanos, G. Angelopoulos, I. Pipinis
and E. Perraki. Signatures: Evangelos Devletoglou or Georgios Drakos (Manager, Deputy Governor, O Dieuthuntis);
Xenophon Zolotas (Chief, Governor, O Dioikitis). Printing method: Intaglio. Issuer: Bank of Greece. Date of Issue:
8 December 1978. Withdrawn from circulation: 28 Feb. 2002. Legal tender: No, since 1 March 2012. Material:
Cotton paper. Printer: Idryma Trapezis Tis Ellados - The Banknote Printing Works of the Bank of Greece (IETA).

Greek Currency Gallery

This picture is for reference only. It may not be exactly the same image as the one
for sale in the
pricelist or this may be a gallery item (not for sale).

Dimensions: 144 x 64 mm

Texts: Trapeza Tis Ellados. Drachmai Pentikonta. Pliroteai epi ti, emfanisei.


The drachma has been the Greek national currency from 1833 to 2002. On 1 January 2002 the drachma
has been replaced by the euro. Following the introduction of euro banknotes and coins, drachma notes and coins
ceased to be legal tender on 28 February 2002. Drachma banknotes are exchanged for euro at the Bank of
Greece until 1st March 2012.

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