10 Thaler

The Grossherzoglich Luxemburgische National Bank had a short and troubled existence. Established in 1856, it lost its note-issuing privilege in 1873 — the same year this note was dated — when the International Bank of Luxembourg absorbed its functions. Notes of this series were effectively issued into an institution already in its final phase, which makes surviving examples uncommon by circumstance rather than by design.

Luxembourg denominated in Thaler at a moment when the German Thaler itself was being phased out across the Zollverein following unification and the introduction of the Mark in 1871. This note sits at that currency fault line.