Watch List notes:

(x) National Bank of Greece, specimen 25 drachmai, 1916, serial number AX 000000, black on multicolour, specimen 5 drachmai, 1917, serial number B02601 000000, black on brown and blue, both with G Stavros at left, arms of King George I at right, red SPECIMEN overprint, hole punched(Pick 52, 54), about uncirculated to uncirculated (2).

Estimate: £450.00 - £550.00