20 Francs Type 1950

The Belgian Treasury, rather than the National Bank, issued this note — a distinction that mattered politically in the early 1950s, when the question of who controlled short-term paper credit was still being actively contested between the two institutions. Buisseret designed and Régnier engraved the series, a domestic production at a time when Belgium had sufficient printing infrastructure to avoid contracting abroad.

The six-year signature span across just two signatories reflects a stable but transitional period; the type was eventually displaced as the National Bank reasserted control over circulating paper.