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20 Pounds - Elizabeth II HMS Victory

Issuer Government of Gibraltar
Year 2011
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Value 20 Pounds
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Obverse lettering GOVERNMENT OF GIBRALTAR CURRENCY NOTES ISSUED UNDER THE CURRENCY NOTES ACT ARE LEGAL TENDER IN GIBRALTAR FOR THE PAYMENT OF ANY AMOUNT TWENTY POUNDS STERLING ISSUED BY THE GOVERNMENT OF GIBRALTAR UNDER THE CURRENCY NOTES ACT COMMISSIONER OF CURRENCY 1ST JANUARY 2011
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Protection type Watermark, Security thread
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Comments

Gibraltar's choice to feature HMS Victory on a banknote is a pointed one — the ship was flagship at Trafalgar in 1805, a battle fought in waters visible from the Rock itself, and one that cemented British naval dominance in a region Spain has contested for centuries. The note is unambiguously political in its imagery, issued by a territory whose constitutional status remains a live diplomatic dispute between London and Madrid.

De La Rue printed the series, which is unremarkable for a British Overseas Territory of this size — Gibraltar has relied on De La Rue for its currency production throughout the modern era. The security package here is modest relative to contemporaneous issues.

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