Watch List notes:

GREECE: 5 Drachmas (15.11.1916) in black on brown and blue unpt with portrait of G Stavros at left and Arms of King George I at right. S/N: "ΦΕ1942 581777". Signature by Zaimis. Printed by ABNC. Inside holder by PMG "Choice Extremely Fine 45 - NET / Rust". (Hellas 52d) & (Pick 54a).