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20 Francs
| Issuer | Grand-Duché de Luxembourg (Government of Luxembourg) |
|---|---|
| Year | 1929 |
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| Value | Log in to see details |
| Currency | Franc (1854-2001) |
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| Obverse description | Printed in shades of blue on watermarked paper, the obverse carries two labour vignettes within a finely engraved guilloche border: at left, a worker alongside an artillery cannon, and at right, a group of labourers at rest in a riverside landscape. The central denomination panel bears the large numeral '20 FR' surmounted by 'VINGT FRANCS', with corner numerals '20' at each angle, while the lower margin carries the bold letterpress inscription 'GRAND-DUCHÉ DE LUXEMBOURG' beneath two facsimile signature panels and the date 'LUXEMBOURG LE 1 OCTOBRE 1929'. The printer's imprint 'JOH. ENSCHEDE EN ZONEN IMP. P. BLANC FEC' appears in the lower margin. |
|---|---|
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| Protection description | Watermarked paper |
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| Comments |
Luxembourg's government issued this note directly — not through a central bank — because the Grand Duchy had no central bank of its own in 1929. The Banque Internationale à Luxembourg and the Caisse d'Épargne both operated, but currency issuance remained a government function through the Ministry of Finance. That arrangement persisted until the Banque Nationale de Luxembourg was established decades later.
Enschedé in Haarlem had been producing security printing since the early eighteenth century and was the dominant supplier for smaller European states lacking their own intaglio facilities. Pierre Blanc's design credit is uncommon for this series — named designers on Luxembourg government notes of the period are rarely documented.