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20 Lei

Issuer Banca Nationala a Romaniei
Year 1896-1908
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Currency First leu (1867-1947)
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Obverse lettering BANCA NATIONALA A ROMANIEI 20 20 20 Septembrie 1901 DOUE DECI LEI GUVERNATOR DIRECTOR CASIER ROMANIA A. BRAMTOT et G. DUVAL fec. P. DUJARDIN sc
Reverse description Elaborate allegorical intaglio composition centred on an oval cartouche containing the anti-counterfeiting legal warning, surmounted by an eagle with spread wings above the Romanian coat of arms. Four allegorical figures — symbolising commerce and justice — flank the central oval at left, right, and lower corners, while decorative panels at upper left and right carry the denomination 'DOUE DECI LEI' and 'ROMANIA' runs along the lower border.
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Comments

The Imprimerie Nationale in Paris produced this series across a twelve-year window, an unusually long run that required reissue of plates rather than redesign — which is why notes from 1896 and 1908 are visually identical but carry different signatures of the bank's governors and cashiers. Those signature combinations are the primary means of dating individual specimens, and some pairings are considerably scarcer than others.

Bramtot was a medal and print artist whose work appeared across several Balkan and Latin American issues of the period; Dujardin's engraving is characteristically fine-lined. Romania was still operating under the Latin Monetary Union framework when this note first appeared, though the Lei was never formally a member currency.

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