10 Neai Drachmai

The "Nea Drachma" — literally "new drachma" — was introduced in 1954 as part of a monetary revaluation that exchanged old drachmai at a rate of 1,000 to 1, a direct consequence of the catastrophic inflation Greece had endured since the Axis occupation of the early 1940s. This note was printed in advance of that reform, dated 1953, to be ready at the moment of changeover.

Thomas De La Rue handled the entire series. The "C" suffix in the Pick reference denotes a signature variety, one of several issued across a relatively short window before the drachma was again revised in subsequent decades.