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| 表面の説明 | The obverse is printed in ochre-gold on a light ground and presents a stamp-like format with perforated-edge borders at top and bottom. A central circular vignette encloses a rural landscape with a windmill, surrounded by radiating guilloche bands and ornamental scrollwork that fan outward symmetrically to both sides. The denomination numeral '20' appears in large bold letterpress at lower left and lower right, flanking the Estonian word 'KAKSKÜMMEND' centered beneath the vignette. |
|---|---|
| 表面の銘文 | 20 PENNI KAKSKÜMMEND 20 PENNI |
| 裏面の説明 | ログイン して詳細を見る |
| 裏面の銘文 | ログイン して詳細を見る |
| 署名 | ログイン して詳細を見る |
| 偽造防止技術 | ログイン して詳細を見る |
| 偽造防止の説明 | ログイン して詳細を見る |
| バリエーション | ログイン して詳細を見る |
| コメント |
Estonia's first independent currency issues in 1919 were produced under considerable practical pressure — the country had declared independence in February 1918, fought through German occupation, and was still engaged in the War of Independence against Soviet forces when these notes entered circulation. The 20 Penni belongs to the lowest tier of that first emission, denominations so small they functioned more like token currency than banknotes proper.
The series was printed in Tallinn under wartime constraints, and the penni denominations were withdrawn relatively quickly once the mark stabilized. Surviving examples in any condition are less common than their low face value might suggest.