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25 Francs

Issuer État du Grand-Duché de Luxembourg
Year 1919
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Reference(s) P#31
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Obverse lettering 25 FRANCS BON DE CAISSE AU PORTEUR, ÉMIS PAR L'ÉTAT DU GRAND-DUCHÉ DE LUXEMBOURG Loi du 28 novembre 1914 - Arrêté g.-d. du 11 décembre 1918 VINGT-CINQ FRANCS Le Directeur général des Finances Le Délégue du Gouvernment Ceux qui auront contrefait ou falsifié des Bons de caisse seront punis des travaux forcés de 15 à 20 ans.
(Translation: Cash Voucher To bearer, issued by The State of the Grand Duchy of Luxembourg Law of November 28, 1914 - Grand-Ducal Decree of December 11, 1918 Twenty-Five Francs The Director-General of Finances / The Government Delegate Those who have counterfeited or falsified Cash Vouchers will be punished with forced labor for 15 to 20 years.)
Reverse description Blue-green and red on light-green underprint, mirroring the obverse colour scheme. The Coat of Arms of Luxembourg is printed as a central background vignette, with a red seal at lower left. The reverse carries the equivalent German-language text, including the series designation Serie B, in accordance with Luxembourg's bilingual issue practice.
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Comments

Luxembourg's postwar currency situation in 1919 was genuinely complicated. The Grand Duchy had used German marks throughout the occupation and needed to reassert its own monetary footing fast — these État notes were a transitional solution issued before the Luxembourg franc was formally stabilized under the 1921 economic union with Belgium. Having G&D in Leipzig print them is the awkward detail: a German firm producing the new postwar currency of a country that had just spent four years under German military occupation.

Pick 31 is scarcer than its catalog position suggests.

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