| Country | Greece |
| Authority | Bank of Greece |
| Currency | Drachma |
| Denomination | 5 |
| Issue Start Date | 25/03/1922 |
| Issue End Date | 01/01/1927 |
| Type | Normal |
| Material | Paper |
| Width in mm | 67 |
| Height in mm | 71 |
| Comments | Right hand half of P51
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. Images of the bonds issued are at the end of the Greek section on this site. |
| Source | John Minucos |
| BNI Banknote Id | 75336 |
Catalog & Valuation Details
| Source | Catalog # / Reference | Value | Date of Value | Comments |
|---|---|---|---|---|
| 10th Ed SCWPM General Issues | P-0059 | |||
| Greek Paper Money, Vol.1 by Theodore Pitidis-Poutous | 55b |
Images
