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10 New Drachmai Ionian Bank Limited
| Issuer | Ionian Bank Limited |
|---|---|
| Year | 1884-1907 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | First modern drachma (1832-1944) |
| Composition | Log in to see details |
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| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | ΙΟΝΙΚΗ ΤΡΑΠΕΖΑ LIMITED ΔΡΑΧΜΑΙ ΔΕΚΑ ΔΕΚΑ ΔΡΑΧΜΑΙ ΝΕΑΙ ΒΑΣ ΕΠΙΤΡΟΠΟΣ |
| Reverse description | Log in to see details |
| Reverse lettering | BANQUE IONIENNE LIMITED DIX FRANCS (Translation: IONIAN BANK LIMITED TEN FRANCS) |
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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.