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20 Pounds - Elizabeth II HMS Victory

Issuer Government of Gibraltar
Year 2011
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Printer De La Rue Currency
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Obverse lettering GOVERNMENT OF GIBRALTAR CURRENCY NOTES ISSUED UNDER THE CURRENCY NOTES ACT ARE LEGAL TENDER IN GIBRALTAR FOR THE PAYMENT OF ANY AMOUNT TWENTY POUNDS STERLING ISSUED BY THE GOVERNMENT OF GIBRALTAR UNDER THE CURRENCY NOTES ACT COMMISSIONER OF CURRENCY 1ST JANUARY 2011
Reverse description A detailed intaglio vignette of HMS Victory under full sail, returning to Gibraltar in 1805, dominates the central and right portion of the note, with the Rock of Gibraltar rendered in blue-violet line engraving in the background. A second sailing vessel appears to the right, set against a lightly coloured guilloche underprint of pink, orange, and gold tones. The large numeral '20' in dark brown is positioned at lower centre-left, with the Government of Gibraltar monogram device visible at upper centre.
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Comments

Gibraltar's choice to feature HMS Victory on a banknote is a pointed one — the ship was flagship at Trafalgar in 1805, a battle fought in waters visible from the Rock itself, and one that cemented British naval dominance in a region Spain has contested for centuries. The note is unambiguously political in its imagery, issued by a territory whose constitutional status remains a live diplomatic dispute between London and Madrid.

De La Rue printed the series, which is unremarkable for a British Overseas Territory of this size — Gibraltar has relied on De La Rue for its currency production throughout the modern era. The security package here is modest relative to contemporaneous issues.

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