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| Issuer | Grand-Duchy of Luxembourg |
|---|---|
| Year | 1932 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Paper |
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|---|---|
| Obverse lettering | 50 50 GRAND-DUCHÉ DE LUXEMBOURG CINQUANTE FRANCS LUXEMBOURG 1 OCTOBRE 1932 CEUX QUI AURONT CONTREFAIT OU FALSIFIÉ DES BONS DE CAISSE SERONT PUNIS DES TRAVAUX FORCÉS DE 15 A 20 ANS LA RECETTE GENERAL LE DIRECTEUR GÉNÉRAL DES FINANCES JOH. ENSCHEDÉ EN ZONEN, HAARLEM. (Translation: 50 50 Grand-Duchy of Luxembourg Fifty Francs Luxembourg 1 October 1932 Those who have forged or falsified cash vouchers will be punished with hard labor from 15 to 20 years The General Revenue The Director General of Finance Joh. Enschedé and Sons, Haarlem.) |
| Reverse description | Log in to see details |
| Reverse lettering | 50 50 FÜNFZIG FRANKEN GRAND-DUCHÉ DE LUXEMBOURG GROSSHERZOGTUM LUXEMBURG WER KASSENSCHEINE NACHMACHT ODER VERFALSCHT WIRD MIT ZWANGSARBEIT VON 15 BIS 20 JAHREN BESTRAFT (Translation: 50 50 Fifty Francs Grand-Duchy of Luxembourg Grand Duchy of Luxembourg Those who forge or falsify cash vouchers will be punished with hard labor from 15 to 20 years) |
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| Comments |
Luxembourg's paper currency in the early 1930s occupied an awkward position — the Grand-Duchy had been in monetary union with Belgium since 1921, which meant Luxembourg francs circulated at parity with Belgian francs but were not legal tender in Belgium itself. This note was issued under those constraints, by an authority with limited monetary autonomy.
Joh. Enschedé en Zonen had been printing banknotes and securities since the 18th century and handled much of the smaller European states' currency work during this period. P#38 is among the scarcer interwar Luxembourg issues; the series had a relatively short circulation life before wartime disruption ended normal issuance entirely.