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| 正面铭文 | Etat du Grand-Duche de Luxembourg Bon de Caisse Au Porteur Lei du 28 nov. 1914 - Arrete g. - d. du 11 dec.1918 50 Cinquante Centimes 50 Le Directeur General des Finances Ceux qui aurant contrefait ou falsife des Bons de caisse seront punis des travaux forces de 15 & 20 ans. (Translation: State of the Grand Duchy of Luxembourg Cash Voucher To bearer Law of November 28, 1914 - General Decree from December 11, 1918 Fifty Cents The Director-General of Finances Those who have counterfeited or falsified Cash Vouchers will be punished with forced labor for 15 to 20 years.) |
| 背面描述 | Dark brown on red underprint, with the denomination value set against a field of geometric guilloche patterns. The inscription is presented entirely in German, citing the same authorizing law and grand-ducal decree as the obverse, giving the note its characteristic bilingual treasury issue character. |
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Luxembourg's 1919 emergency fractional notes were authorized by the État du Grand-Duché in the immediate aftermath of German occupation, when coin metal was scarce and public confidence in currency had been badly shaken. The choice of Giesecke & Devrient in Leipzig is striking given the political circumstances — a newly liberated Grand Duchy contracting its paper money to a German printer within months of the armistice. Practical necessity overrode symbolism; G&D had the established relationship and the capacity.
Pick 26 is among the more elusive of the 1919 Luxembourg fractionals in circulated grades, as the small format made retention unlikely.