500 Drachmai

Features

Issuer	Greece
Issuing bank	Bank of Greece (Τράπεζα της Ελλάδος)
King	Constantine II (1964-1973)
Period	Regime of the Colonels (1967-1974)
Type	Standard circulation banknotes
Year	1968
Value	500 Drachmai (500 GRD)
Currency	Third modern drachma (1954-2001)
Composition	Paper
Size	158 × 74 mm
Shape	Rectangular
Issued	17 March 1969
Demonetized	Yes
Number	N# 205365
References	P# 197 Standard Catalog of World Paper Money (10 volumes).

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Series: Bank of Greece: issue of 1964-1970

Obverse

Olive on multicolor underprint.
Blank area for watermark at left, Great Eleusinian Relief (with Demeter, Triptolemos and Persephone) at centre, denomination and date on multicoloured guilloches at right. Signatures of the manager and the governor of the bank at bottom right.

Script: Greek

Lettering:
500
ΤΡΑΠΕΖΑ ΤΗΣ ΕΛΛΑΔΟΣ
ΔΡΑΧΜΑΙ ΠΕΝΤΑΚΟΣΙΑΙ
ΠΛΗΡΩΤΕΑΙ ΕΠΙ ΤΗ ΕΜΦΑΝΙΣΕΙ
ΕΝ ΑΘΗΝΑΙΣ ΤΗ 1η ΝΟΕΜΒΡΙΟΥ 1968

Ο ΔΙΕΥΘΥΝΤΗΣ
Ο ΔΙΟΙΚΗΤΗΣ

ΔΗΜΗΤΡΑ, ΤΡΙΠΤΟΛΕΜΟΣ, ΠΕΡΣΕΦΟΝΗ
500
Λ Ο

Translation:
500
Bank of Greece
Five Hundred Drachmai
Payable on appearance
In Athens, 1st of November 1968

The manager (signature unknown)
The governor (signature of Dimitrios Galanis)

Demeter, Triptolemos, Persephone
500
L O

Engraver: Lambros Orfanos

Reverse

Olive on multicolor underprint.
Ancient carving from Knossos depicting a wild goat and its kid at bottom left, fruits and printer's name at bottom center, blank area for watermark at right.

Script: Greek

Lettering:
500 ΤΡΑΠΕΖΑ ΤΗΣ ΕΛΛΑΔΟΣ

500
ΔΡΑΧΜΑΙ ΠΕΝΤΑΚΟΣΙΑΙ

ΑΙΓΑΓΡΟΣ - ΚΝΩΣΟΣ
Γ Α 500
ΙΔΡΥΜΑ ΤΡΑΠΕΖΗΣ ΤΗΣ ΕΛΛΑΔΟΣ

Translation:
500 Bank of Greece

500
Five Hundred Drachmai

Goat - Knossos
G A 500
[Printing] Works of the Bank of Greece

Engraver: Georgios Angelopoulos

Watermark

Head of the Ephebus of Antikythera.

Printer

Banknote and Currency Printing Office (Ίδρυμα Εκτυπώσεως Τραπεζογραμματίων και Αξιών / Idryma Ektiposeos Trapezogrammation kai Axion), Greece (1947-date)

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Date	No. printed	VG	F	VF	XF	AU	UNC	References		Frequency
Undetermined
1968-Nov-01	252 000 000	$ 2.60	$ 2.60	$ 4.10	$ 4.10	$ 12	$ 12	P# 197a Standard Catalog of World Paper Money (10 volumes).	Issued note	95%
1968-Nov-01								P# 197r Standard Catalog of World Paper Money (10 volumes).	Replacement, prefix 00Α	0.5%
1968-Nov-01								P# 197s Standard Catalog of World Paper Money (10 volumes).	Specimen, red overprint	0.5%

Values in the table above are expressed in USD. They are based on evaluations by Numista users and sales realized on Internet platforms. They serve as an indication only; they are not intended to be relied upon for buying, selling or exchanging. Numista does not buy or sell coins or banknotes.

Frequencies show the percentage of Numista users who own each year or variety among all the users who own this banknote. Since some users own several versions, the sum may be greater than 100%.

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Members from this site want to exchange it: emilu2, Julius68, florian12303, Mo25, Avraham Cohen, giannisp, RAFFIMEK, kinrooi, Nmatu, superv, sandernl, TTPROD, monargent, vignert1, 123stamp

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This index is based on the data of Numista members collections. It ranges from 0 to 100, 0 meaning a very common coin or banknote and 100 meaning a rare coin or banknote among Numista members.

Past sales

Pictures	Sale	Date	Version	Grade	Sold price
	Katz Auction 143 Lot 1166	13 Nov 2024	Undetermined	F	USD 11.60 (EUR 10.00) (+ buyer's premium) The lot includes several items.
© Katz Coins Notes & Supplies Corp.
	Katz Auction 139 Lot 1757	5 Oct 2024	Undetermined	F	USD 19.72 (EUR 17.00) (+ buyer's premium) The lot includes several items.
© Katz Coins Notes & Supplies Corp.
	Katz Auction 189 Lot 2300	3 Apr 2026	Undetermined		Unsold
© Katz Coins Notes & Supplies Corp.
	Katz Auction 179 Lot 2933	27 Dec 2025	Undetermined		Unsold
© Katz Coins Notes & Supplies Corp.
	Katz Auction 87 Lot 1975	21 Jun 2023	Undetermined		USD 68.43 (EUR 59.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.