| Country | Greece |
| Authority | National Bank of Greece |
| Currency | Drachma |
| Denomination | 50 |
| Issue Start Date | 1922 |
| Issue End Date | 1922 |
| This Notes Issue Date | 10/10/1922 |
| Type | Normal |
| Material | Paper |
| Width in mm | 93 |
| Height in mm | 95 |
| Comments | Left hand half of P55.
By 1922 Greece was financially drained by its involvement in a series of wars over 10 years. The government therefore imposed a compulsory internal loan. Under Act 2749 of 25 March 1922 all banknotes of 5 drachmas and over were cut in half. The left hand section then circulated at half its original value; the right hand section was exchanged for a 20 year bond. Withdrawal of these notes began in December 1924 and continued until they were declared invalid in January 1932. The bonds were to be paid out in April 1944, but Greece was occupied by Germany before that date. |
| Source | John Minucos |
| BNI Banknote Id | 63500 |
Catalog & Valuation Details
| Source | Catalog # / Reference | Value | Date of Value | Comments |
|---|---|---|---|---|
| 12th Ed SCWPM General Issues | P-0061 v2 | |||
| Greek Paper Money, Vol.1 by Theodore Pitidis-Poutous | 57c | €10.00 | 2000 | F |
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