Watch List notes:

GREECE: 5 Drachmas (24.12.1915) in black on brown and blue unpt with portrait of G Stavros at left and Arms of King George I at right. S/N: "ΔΛ1436 640108". Signature by Zaimis. Printed by ABNC. Inside holder by PMG "Very Fine 20". (Hellas 52d) & (Pick 54a).