A. Karamitsos Offers PMG-certified Greek Notes that Are More than a Century Old

More than 350 banknotes certified by Paper Money Guaranty® (PMG®) are being offered in an upcoming A. Karamitsos sale focused on European rarities. Bidding is already underway for the Live Internet Auction 18 Part A & B, which is being held on April 12-13, 2025.

A top PMG-graded highlight in the auction is a Greece, National Bank 1900 10 Drachmai graded PMG 25 Very Fine (lot 6588), with a starting price of €3,500 (about $3,800). The Greek rarity features a small portrait of King George I of Greece from the latter years of his nearly 50-year reign. Originally a Danish prince who was born in Copenhagen, George I ascended the throne at only 17 years old in 1863. George I reigned for nearly five decades, until his assassination in 1913. Only 19 examples of this catalog number are in the PMG Population Report, with only three examples graded higher.

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Other PMG-certified notes in the auction include:

• a lot of three Great Britain, Bank of England notes — a 2000 (ND 2015) £10, an ND (2015) £20 and a 2010 (ND 2015) £50 — graded from PMG 65 Gem Uncirculated EPQ to PMG 66 Gem Uncirculated EPQ (lot 7698), with a starting price of €3,900 (about $4,250)
• a Greece, National Bank 1900 100 Drachmai graded PMG 20 Very Fine (lot 6590), with a starting price of €3,500 (about $3,800)
• a Greece, National Bank 1900 10 Drachmai graded PMG 20 Very Fine (lot 6589), with a starting price of €2,500 (about $2,700)
• a Kingdom of Greece 1918 5 Drachmai Front Printer's Design graded PMG 63 Choice Uncirculated (lot 6772), with a starting price of €2,500 (about $2,700)
• a Greece, Bank of Greece 1944 100 Drachmai on 100 Drachmai graded PMG 20 Very Fine (lot 6812), with a starting price of €1,400 (about $1,500)
• a Greece, Civilian Committee of National Liberation 1944 25 Oka graded PMG 63 Choice Uncirculated (lot 6816), with a starting price of €1,100 (about $1,200)
• a Cyprus / British Administration 1937-51 £1 graded PMG 30 Very Fine (lot 6851), with a starting price of €680 (about $750)
• a Greece, Bank of Greece 1947 10,000 Drachmai graded PMG 66 Gem Uncirculated EPQ (lot 6715), with a starting price of €650 (about $700)

Starting prices are provided by the auction house. The $ symbol represents US Dollars.