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10 New Drachmai Ionian Bank Limited
| Issuer | Ionian Bank Limited |
|---|---|
| Year | 1884-1907 |
| Type | Log in to see details |
| Value | 10 New Drachmai |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Obverse description | Royal arms of Greece at left and circular bank arms vignette with crossed flags at upper centre, flanked by serial numbers. The bank name in Greek — ΙΟΝΙΚΗ ΤΡΑΠΕΖΑ LIMITED — and denomination ΔΡΑΧΜΑΙ ΔΕΚΑ are inscribed in bold letterpress across the centre, with a large numeral 10 in a guilloche oval at right. The lower portion carries a handwritten payable-on-demand clause in Greek, a date line, and two manuscript signatures above the title ΒΑΣ ΕΠΙΤΡΟΠΟΣ. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The reverse is dominated by a large central guilloche rosette with the bank name BANQUE IONIENNE LIMITED and denomination DIX FRANCS inscribed within the ornate lathe-work. Matching numeral 10 medallions in guilloche frames appear at the left and right extremities, and the serial number is repeated in the lower corners against the plain paper ground. |
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| Comments |
The Ionian Bank was the only British-chartered bank with a monopoly on note issue in the Ionian Islands — a privilege that survived even after the islands' cession to Greece in 1864, making this a private British colonial bank continuing to circulate currency on Greek sovereign territory well into the 1880s and beyond. That political anomaly generated periodic friction with Greek authorities throughout the note's issuing life.
Two printers produced notes of this type across the series run, Perkins Bacon handling earlier printings and Waterlow later ones. Distinguishing between printer runs requires examining serial number ranges and minor typographic differences in the border work.