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50 Drachmai unissued

Issuer National Bank of Greece
Year 1927
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Value 50 Drachmai
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Obverse lettering ΕΘΝΙΚΗ ΤΡΑΠΕΖΑ ΤΗΣ ΕΛΛΑΔΟΣ
ΔΡΑΧΜΑΙ ΠΕΝΤΗΚΟΝΤΑ
ΑΘΗΝΑΙ ΤΗ 24 ΜΑΙΟΥ 1927
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Reverse lettering ΕΘΝΙΚΗ ΤΡΑΠΕΖΑ ΤΗΣ ΕΛΛΑΔΟΣ
ΕΚΔΟΣΙΣ ΕΚΤΗ
50
AMERICAN BANK NOTE COMPANY
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Comments

This note was printed by the American Bank Note Company for Greece's 1926–27 currency stabilization effort, backed by the League of Nations loan that also established the Bank of Greece as an independent central bank — a condition of the international credit. The 50 Drachmai denomination was prepared but never released into circulation, making issued examples nonexistent by definition. Unissued remainders from ABNC commissions of this period typically survived in printer's archives before eventually reaching the collector market.

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