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2 Francs

Issuer État du Grand-Duché de Luxembourg
Year 1919
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Size 110 × 70 mm
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Obverse lettering Etat du Grand-Duché de Luxembourg Bon de Caisse au porteur Loi du 28 novembre 1914 - Arrêté g.-d. du 11 décembre 1918 2 Deux Francs 2 Le Directeur général des Finances Le Délégue du Gouvernment Ceux qui auront contrefait ou falsifié des Bons de caisse seront punis des travaux forcés de 15 à 20 ans.
(Translation: State of the Grand Duchy of Luxembourg Cash Voucher To bearer Law of November 28, 1914 - Grand-Ducal Decree of December 11, 1918 Two Francs The Director-General of Finances / The Government Delegate Those who have counterfeited or falsified Cash Vouchers will be punished with forced labor for 15 to 20 years.)
Reverse description Dark brown print on orange and green guilloche underprint, mirroring the obverse colour scheme. The design is composed of interlocking geometric patterns forming a guilloche background, with the denomination numeral repeated prominently in the central field as a large counter.
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Comments

Luxembourg's 1919 small-denomination paper issues were a direct consequence of the monetary rupture following World War One. The Grand Duchy had used German marks during the occupation, and the new franc-based emergency notes were rushed into circulation to replace them while a proper monetary arrangement with Belgium was being negotiated — a process that eventually produced the 1921 Belgium-Luxembourg Economic Union.

The choice of Giesecke & Devrient in Leipzig is notable: a German printer producing Luxembourg's post-occupation currency within months of the Armistice, at a moment when German commercial relationships in the region were anything but settled.

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