Watch List notes:

GREECE: 5 Drachmas (15.11.1916) in black on brown and blue unpt. Portrait of G Stavros at left and arms of King George I at right on face. S/N: "XZ1917 834424". Signature by Zaimis. Printed by ABNC. Inside holder by PMG "Choice Uncirculated 63 / Pinholes". (Hellas 52d) & (Pick 54a).