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20 Mark

Issuer Internationale Bank in Luxemburg
Year 1900
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Reference(s) P#4
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Obverse lettering Lit.A Ser.IX INTERNATIONALE BANK IN LUXEMBURG zahlt dem Inhaber dieser Banknote ZWANZIG MARK DEUTSCHE REICHSWAEHRUNG LUXEMBURG, den 1. Juli 1900. ZWANZIG 20 NACHAHMUNG UND FAELSCHUNG WERDEN NACH DEN BESTEHENDEN GESETZEN BESTRAFT.
(Translation: International Bank of Luxembourg pays to the bearer of this banknote Twenty Marks German Imperial Currency Luxembourg, 1 July 1900. Twenty. Imitation and counterfeiting are punished under existing laws.)
Reverse description Blue and brown on multicolour underprint. The reverse is composed entirely of intricate guilloche work and geometric lathe patterns, with the large numeral "20" set within an elaborate central medallion. The issuing bank name is presented in two lines across a broad decorative band, flanked by symmetrical rosette cornerpieces and repeated denomination inscriptions in the side panels.
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The Internationale Bank in Luxemburg was established in 1856 with Belgian and French capital, and its right to issue banknotes — always a contested privilege in Luxembourg — was eventually curtailed as the Grand Duchy's monetary arrangements consolidated around French franc-denominated instruments. This 20 Mark note reflects the brief window during which the Mark-denominated series made sense: Luxembourg participated in the German Customs Union, and cross-border trade with the Rhineland demanded a circulating medium German merchants would accept without discount.

Giesecke & Devrient had been printing currency from Leipzig since the 1850s and were the dominant continental security printer of the period. Pick lists only a handful of types for this issuer, and the 1900 series is among the scarcer.

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