100 Francs

The Caisse Générale de l'État was not a central bank in the conventional sense — it functioned as Luxembourg's state treasury bank, and its note-issuing role was always secondary to the monetary arrangements Luxembourg maintained first with Belgium and later through the Belgian-Luxembourg Economic Union. By 1963, these franc notes were circulating alongside Belgian issues at par, which made their practical identity largely symbolic of Luxembourg's separate fiscal administration rather than any independent monetary policy.

Bradbury Wilkinson's New Malden facility printed security documents for dozens of smaller states through the postwar decades. Pick 52 is among the later issues from this Caisse Générale series before the Institut Monétaire Luxembourgeois eventually absorbed its functions.