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Real Estate Bank Bonded Loan (National Bank of Greece) with Lottery tickets on loan entitling the winner of the Lottery in Bank Capital Bills.
[This was a complex concept for Loans made for financing projects with internal borrowing because Greece did not have access to capital markets.]
Issued in Athens on 1/14 June 1912; details: ΕΘΝΙΚΗ ΤΡΑΠΕΖΑ ΤΗΣ ΕΛΛΑΔΟΣ / BANQUE NATIONALE DE GRECE (National Bank of Greece); 1912 Real Estate Loan Credit 2½% per year, premium-bond in 30,000,000-drachmae bank capital bonds, devided into 300,000 bonds of Drs 100 payable to bearer. Printed by Giesecke & Devrient (Berlin, Germany).
Bond of 100 drachmae; text in Greek/French, serial Number: 196535. Last twelve coupons (43-54) attached.
The bond bears a “Δ.Ο.Ε.” [(IOC) International Financial Control of Greece's public finances] stamp duty in blue printed/titled ΒΑΣΙΛΕΙΟΝ ΤΗΣ ΕΛΛΑΔΟΣ, ΚΙΝΗΤΟΝ ΕΠΙΣΗΜΑ’ [Kingdom of Greece adhesive stramp], applied at upper right corner, and valued ‘ΛΕΠ. 10 / ΔΕΚΑ’ in black [Kingdom of Greece, Stamp Duty 10 lepta]; cancelled with d.r. ‘ΕΘΝΙΚΗ ΤΡΑΠΕΖΑ ΤΗΣ ΕΛΛΑΔΟΣ – ΑΘΗΝΑΙ’ [National Bank of Greece, Athens] with 1912 difficult to decifer dated marking in black.
Condition: Good; see scans.

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TITLE
1912 Greece Athens National Bank Real Estate Credit Lottery Loan Bond

item number: 611243bdbf04741d15b6e0cb
SKU number: 3097

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