Banknote Index

 

 
Country Greece
Authority Provisional Government of Greece
Currency Grossi
Denomination 500
Issue Start Date 1822
Issue End Date 1825
This Notes Issue Date 1823
Type Normal
Material Paper
Width in mm 145
Height in mm 162
Comments This note is a bond, not a banknote proper. In 1822 the Provisional Government of Greece issued bonds to raise a loan of 5 million piastres in order to pay its costs for the war of independence. However its wording specifically states that it is to be used in the purchase of national lands and that it is to be accepted in place of cash (meaning coins). It was therefore an attempt to establish a form of paper-based currency.
Source John Minucos
BNI Banknote Id 63690

Catalog & Valuation Details

SourceCatalog # / ReferenceValueDate of ValueComments
12th Ed SCWPM General Issues P-0003    
Greek Paper Money, Vol.1 by Theodore Pitidis-Poutous €900.00 2000 XF 
Greece, 500 Grossi, P3, 3

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