Watch List notes:

GREECE: 25 Drachmas (10.5.1916) in black on red and blue unpt with portrait of G Stavros at left and Arms of King George I at right. S/Ν: "EO 131291 μψ". Signature by Zaimis. Printed by ABNC. Inside plastic holder by PMG "Very Fine 25". (Pick 52a).