Greece in 1922 was in the midst of catastrophic military collapse in Anatolia, and the government's finances were in freefall. This aluminium pattern was struck as the state explored emergency coinage solutions — the same year officials infamously ordered the physical cutting of banknotes in half to double the circulating money supply without printing new currency. The regular 10 Lepta issue never materialized in aluminium for circulation, leaving this pattern as a dead-end proposal from one of the country's most economically desperate moments.
Greece in 1922 was in the midst of catastrophic military collapse in Anatolia, and the government's finances were in freefall. This aluminium pattern was struck as the state explored emergency coinage solutions — the same year officials infamously ordered the physical cutting of banknotes in half to double the circulating money supply without printing new currency. The regular 10 Lepta issue never materialized in aluminium for circulation, leaving this pattern as a dead-end proposal from one of the country's most economically desperate moments.