50 Drachmai

The National Bank of Greece had been the country's sole issuer for decades, but 1926 was not a stable year for that arrangement — a military coup in June brought Pangalos to power, and monetary reform pressure was intensifying from the League of Nations, which would within a year compel the establishment of the Bank of Greece as a separate central bank. This note belongs to the last years of the old order.

Bradbury Wilkinson's intaglio work on Greek issues of this period is consistently fine, their New Malden facility handling a substantial volume of Southern European government contracts through the interwar years.