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20 Francs Red text

Uitgever Banque de l'Indo-Chine
Jaar 1928-1938
Type Standard circulation banknote
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Beschrijving keerzijde Blue intaglio print over yellow underprint. To the left, a peacock (Phasianidae sp.) perches on a branch facing right, rendered in detailed engraved style; butterflies (Papilionoidea sp.) appear at upper right. Trilingual text in French, Arabic, and Amharic runs across the note, with a penal code warning against counterfeiting at the base.
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Beschrijving beveiliging Native's head in profile.
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Opmerkingen

Clément Serveau designed the obverse, engraved by Ernest Deloche — a pairing better known for their work on metropolitan French issues of the same period. The reverse carries a rare engraver's credit: Marguerite Dreyfus, known professionally as Rita, one of the few women to hold an engraving position at the Banque de France during the interwar years.

The "Red text" designation distinguishes this from the earlier blue-text printing of the same plate — a change made mid-series, the precise trigger for which remains debated among specialists. The ten-year issuance window spanning 1928–1938 reflects relatively stable colonial monetary conditions, unusual for the region in that decade.