|Authority||National Bank of Greece|
|Issue Start Date||1922|
|Issue End Date||1932|
|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|