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| 正面描述 | Lilac on red and green guilloche underprint. The centre field carries the Luxembourg Coat of Arms as a faint watermark-style vignette within an elaborate interlaced guilloche panel, flanked by the denomination numerals '125' in large dark red letterpress at left and right. The title 'ÉTAT DU GRAND-DUCHÉ DE LUXEMBOURG' and 'BON DE CAISSE' appear in bold display type across the upper portion, with the value spelled out in full as 'CENT VINGT-CINQ FRANCS' in large Gothic lettering below centre. A circular red official stamp appears at lower left, with two manuscript signatures at the foot corresponding to 'Le Directeur général des Finances' and 'Le Délégué du Gouvernement'. The entire design is enclosed within a decorative ornamental border. |
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| 背面铭文 | Grossherzoglich Luxemburgischer Staat Kassenschein 125 auf den Inhaber Gesetz vom 28. November 1914 - Grosshz. Beschluss vom 11. Dezember 1918 Hundert fünf und zwanzig Franken Die General-Staatskasse Die Kontrolle Wer Kassenscheine nachmacht oder verfälscht, wird mit Zwangsarbeit von 15 bis 20 Jahren bestraft. (Translation: State of the Grand Duchy of Luxembourg Cash Voucher 125 to bearer Law of November 28, 1914 - Grand-Ducal Decree of December 11, 1918 One Hundred and Twenty-Five Francs The General State Treasury The Controller Those who counterfeit or falsify Cash Vouchers will be punished with forced labor for 15 to 20 years.) |
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The 125-franc denomination is one of the more peculiar choices in European note history — a figure that reflects the post-WWI exchange rate peg Luxembourg applied when converting German marks still circulating in the country. The value was not arbitrary: 100 marks equaled 125 francs at the official conversion rate, so this note was essentially a redemption instrument dressed as ordinary currency, issued to absorb the occupying power's money from circulation.
The irony of Giesecke & Devrient printing it in Leipzig — a German firm, in Germany, for a note designed to erase German currency — was apparently not considered an obstacle.