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20 Francs Blue text

Issuer Banque de l'Indo-Chine
Year 1928-1938
Type Standard circulation banknote
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Obverse description Brown intaglio print over yellow underprint with blue text; black serial numbers at upper left and lower right. Central vignette to the right consists of a three-quarter frontal female portrait wearing a wreath of oak leaves and wheat ears, rendered in a classical allegorical style. An oval watermark reserve occupies the left portion of the note, flanked by guilloche work and typographic inscription panels.
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Signature(s) De La Chaume / Baudouin
Borduge / Baudouin
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Variants P#7a(1) - Block # runs 1-18. Signatures: De La Chaume & Baudouin
P#7a(2) - Block # runs 1-18. Signatures: Borduge & Baudouin
P#7b - Block # runs 19-20. Much lighter coloring
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