Country | Greece |
Authority | National 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 | 69 |
Comments | Left 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. |
Source | John Minucos |
BNI Banknote Id | 75337 |
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 |