1964 Greek 50 Drachmas Banknote – A Tribute to Maritime Heritage

Issued by the Bank of Greece, the 1964 50 Drachmas banknote is a striking representation of Greece’s deep-rooted connection to maritime history and classical mythology. This note was part of the Third Modern Drachma series, which circulated from 1954 to 2001, before Greece transitioned to the Euro in 2002.

Key Features & Historical Significance

Issuer: Bank of Greece

Denomination: 50 Drachmas

Year of Issue: 1964

Pick Number: P-195

Printer: Banknote and Currency Printing Office of Greece

Size: Approx. 142 × 64 mm

Material: Paper banknote with intaglio printing

Design Features:

Obverse: Portrait of Arethusa, a nymph from Greek mythology, alongside a galley(ancient ship) at the bottom right

Reverse: A composition of an old and a modern shipyard, symbolizing Greece’s maritime legacy

Watermark: Head of the Antikythera Ephebe, reinforcing authenticity

This banknote highlights Greece’s naval history, with the depiction of Arethusa, a figure associated with water and transformation in Greek mythology. The reverse side’s shipyard imagery reflects the country’s long-standing tradition in shipbuilding and trade.

Why Collect This Banknote?

The 1964 Greek 50 Drachmas is a valuable piece of European numismatic history, marking Greece’s financial system before its transition to the Euro. With its detailed artwork, historical significance, and cultural symbolism, this banknote remains a sought-after collectible among enthusiasts.

Secure this 50 Drachmas banknote today and own a tangible piece of Greece’s economic and maritime heritage!