Country | Greece |
Authority | National Bank of Greece |
Currency | Drachma |
Denomination | 12.5 |
Issue Start Date | 1922 |
Issue End Date | 1932 |
Type | Normal |
Material | Paper |
Comments | 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 | Erwin van den Buys |
BNI Banknote Id | 58343 |
Catalog & Valuation Details
Source | Catalog # / Reference | Value | Date of Value | Comments |
---|---|---|---|---|
12th Ed SCWPM General Issues | P-0060 |