A. Karamitsos Offers Rare Greek Specimen Certified by PMG

More than 250 banknotes certified by Paper Money Guaranty® (PMG®) are being offered in an upcoming A. Karamitsos sale that is focused on European rarities. Bidding is already underway for the Live Internet Auction 750 Part A and B, which is being held on December 13-14, 2025.

A top PMG-graded highlight in the auction is a Greece, National Bank 1923 1,000 Drachmai Specimen graded PMG 64 Choice Uncirculated (lot 6445), with a starting price of €7,500 (about $8,700). The front of this intricate Greek rarity features a portrait of revolutionary Georgios Stavros, who was a co-founder and also the first governor of the National Bank of Greece. The back of the banknote features a picturesque Greek scene showing the Acropolis of Athens, an enduring symbol of ancient Greece. Only 23 examples of this particular catalog number are found in the PMG Population Report, which has no examples of this high-denomination note in issued form.

Other PMG-certified notes in the auction include:

• a Cyprus / British Administration 1955-57 1 Pound graded PMG 65 Gem Uncirculated EPQ (lot 6608), with a starting price of €7,500 (about $8,700)
• a Cyprus / British Administration 1917 5/- Shillings graded PMG 35 Choice Very Fine (lot 6579), with a starting price of €7,000 (about $8,100)
• a Cyprus / British Administration 1926-27 5 Pounds Specimen graded PMG 30 Very Fine (lot 6581), with a starting price of €7,000 (about $8,100)
• a Greece, National Bank 1923 500 Drachmai Specimen graded PMG 65 Gem Uncirculated EPQ (lot 6444), with a starting price of €6,000 (about $6,900)
• a Cyprus / British Administration 1930-36 1 Pound graded PMG 30 Very Fine (lot 6582), with a starting price of €5,000 (about $5,800)
• a Cyprus / British Administration 1937-51 1 Pound graded PMG 45 Choice Extremely Fine (lot 6598), with a starting price of €4,500 (about $5,200)
• an Italy / Dodecanese Islands 1943 500 Lire graded PMG 25 Very Fine (lot 6567), with a starting price of €4,000 (about $4,600)
• a Cyprus / British Administration 1939-50 5/- Shillings graded PMG 65 Gem Uncirculated EPQ (lot 6589), with a starting price of €4,000 (about $4,600)

The auction also includes hundreds of coins certified by Numismatic Guaranty Company® (NGC®), including:

• a Greece 1834 2 Lepta graded NGC Mint Error MS 64 RD (lot 6061), with a starting price of €3,000 (about $3,500)
• a Greece 1843 10 Lepta graded NGC MS 65 BN (lot 6095), with a starting price of €3,000 (about $3,500)
• a Greece 1845 1 Drachma graded NGC F 15 (lot 6107), with a starting price of €3,000 (about $3,500)
• a Romania 2003 Gold 5,000 Lei graded NGC PF 70 Ultra Cameo (lot 6824), with a starting price of €2,900 (about $3,300)
• a Greece 1912 Essai 10 Lepta graded NGC PF 65+ (lot 6197), with a starting price of €2,500 (about $2,900)

Starting prices are provided by the auction house. The $ symbol represents US Dollars.