Highlights Certified by PMG and NGC in Upcoming A. Karamitsos Auction

Notes certified by Paper Money Guaranty® (PMG®) and coins and medals certified by Numismatic Guaranty Corporation® (NGC®) are among the highlights in A. Karamitsos International Auctions’ Public & Live Bid Auction 649, being held December 7, 2019, in Athens, Greece.

The top item in the sale is a National Bank of Greece Undated (1872-86) 500 Drachmai Specimen graded PMG 50 About Uncirculated EPQ with a starting bid of €15,000 (about $16,500 USD). This rarity features the Arms of King George I at upper left, the Greek goddess of agriculture, Demeter, at lower right and Georgios Stavros, founder of the National Bank of Greece, at upper center. PMG’s EPQ designation indicates the note is of Exceptional Paper Quality.

National Bank of Greece ND (1872-86) 500 Drachmai Specimen graded PMG 50 About Uncirculated EPQ with a starting bid of €15,000 (about $16,500 USD) Click image to enlarge.

Other PMG-certified highlights in the auction include:

• A National Bank of Greece 1870-82 100 Drachmai graded PMG 25 Very Fine with a starting bid of €6,800 (about $7,500 USD).
• A Greece 1889-98 Ionian Bank Ltd. 25 Drachmai graded PMG 12 Fine with a starting bid of €3,500 (about $3,900 USD).
• A National Bank of Greece 1923 50 Drachmai graded PMG 35 Choice Very Fine with a starting bid of €2,800 (about $3,100 USD).
• A National Bank of Greece ND (1926) 1,000 Drachmai graded PMG 25 Very Fine with a starting bid of €2,500 ($2,700 USD).
• A Greece 1943 Agricultural Treasury Bond 500,000 Drachmai graded PMG 40 Extremely Fine with a starting bid of €2,400 (about $2,600 USD).
• A Bank of Afghanistan ND (1939) 500 Afghanis graded PMG 64 Choice Uncirculated with a starting bid of €1,100 (about $1,200 USD).

A Greece 1963 30 Drachmai graded NGC SP 65 with a starting bid of €7,200 (about $8,000 USD) is the leading coin in the sale. It is a silver commemorative coin minted for the centennial of the Royal Greek Dynasty, which features the portraits of the five kings who ruled Greece from 1863 to 1963: George I, Constantine I, Alexander I, George II and Paul I. The reverse of the coin, with its detailed map of Greece, displays lovely pastel-colored toning.  

Greece 1963 30 Drachmai graded NGC SP 65 with a starting bid of €7,200 (about $8,000 USD) Click image to enlarge.

Additional NGC-certified highlights in the sale include:

• A Greece 1848 10 Lepta graded NGC MS 64 BN with a starting bid of €3,800 (about $4,200 USD).
• An Ionian 1848. Silver Britannia 30 Lepta graded NGC MS 62 with a starting bid of €3,000 (about $3,300 USD).
• A Greece 1878K 10 Lepta graded NGC MS 64 RB with a starting bid of €2,800 (about $3,100 USD).
• A Greece 1921H 50 Lepta graded NGC MS 62 with a starting bid of €2,800 (about $3,100 USD).
• A Greece 1821-Dated Silver Medal graded NGC MS 61 with a starting bid of €2,800 (about $3,100 USD).
• An Austria 1855V Ducat graded NGC UNC Details with a starting bid of €2,500 (about $2,700 USD).
• A Greece (1940) Silver 100 Drachmai graded NGC PF 65 with a starting bid of €2,300 (about $2,500 USD).
• A Greece 1833A 5 Drachmai graded NGC MS 61 with a starting bid of €2,100 (about $2,300 USD).

Viewing arrangements may be made to see items in this sale until December 6. For more information, visit Karamitsos.com.