Catalog
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| Issuer | Principauté de Monaco |
|---|---|
| Year | 1920 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Veuve A. Chêne, Monaco, Monaco |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | PRINCIPAUTÉ DE MONACO Délibération du 16 mars 1920 Décision souveraine du 20 mars 1920 VINGT-CINQ CENTIMES 25 Le Ministre d'Etat R. le Bourdon Le Trésorier Général des Finances A.Noghès A PRÉSENTER AU REMBOURSEMENT A LA TRESORERIE GENERALE DES FINANCES AVANT LE 31 DÉCEMBRE 1922 |
| Reverse description | Log in to see details |
| Reverse lettering | Log in to see details |
| Signature(s) | R. le Bourdon and A. Noghès |
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| Comments |
Monaco issued its own small-denomination paper money in 1920 to address the acute coin shortage that plagued much of Europe in the immediate aftermath of the First World War. These notes were a local municipal-style stopgap — printed entirely within the Principality by a small commercial press rather than a specialist security printer. The Veuve A. Chêne imprint is about as modest as it gets for a sovereign issuer.
Albert Berthe's engraving credit on a note of this size and denomination is the detail worth pausing on. The watermark is the only meaningful anti-counterfeiting measure on a piece that circulated among a population of fewer than 25,000.