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5 Francs
| Issuer | Banque Nationale de Belgique |
|---|---|
| Year | 1922-1925 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Franc (1832-2001) |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
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| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | NATIONALE BANK VAN BELGIE VYF FRANK BETAALBAAR OP ZICHT DE NAMAKER WORDT DOOR DE WET MET DWANGARBEID GESTRAFT FRANK |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Watermark visible in the blank circular areas on both obverse and reverse. |
| Variants | Log in to see details |
| Comments |
Belgium's postwar monetary situation was severe enough that the Banque Nationale leaned heavily on small-denomination paper throughout the early 1920s, partly because coin metal was still being reallocated after wartime requisitioning. The P#93 filled that gap in everyday transactions at the lower end of the scale — not a prestigious issue, but a workhorse one.
The watermark is the sole security measure, a relatively thin line of defense for a denomination vulnerable to crude forgery. Known examples from this series show significant wear precisely because they circulated hard among a population still wary of hoarding paper after the occupation years.