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50 Francs
| Issuer | Grand-Duchy of Luxembourg |
|---|---|
| Year | 1932 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
| Size | 145 × 84 mm |
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| Obverse description | The arms of Luxembourg occupy the left portion of the note, with the denomination numeral at centre within a guilloche underprint. A portrait of Grand Duchess Charlotte is positioned at right, rendered in intaglio. Bilingual legends in French identify the issuing authority and denomination, with the date 1 October 1932 and penal clauses printed below. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | A central vignette presents a view of the Grand Ducal Palace in Luxembourg City, set within a fine guilloche border. The coat of arms of Luxembourg appears at bottom centre, flanked by the German-language penal warning text. Denomination numerals are repeated at left and right in matching guilloche panels. |
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| Comments |
Luxembourg's paper currency in the early 1930s occupied an awkward position — the Grand-Duchy had been in monetary union with Belgium since 1921, which meant Luxembourg francs circulated at parity with Belgian francs but were not legal tender in Belgium itself. This note was issued under those constraints, by an authority with limited monetary autonomy.
Joh. Enschedé en Zonen had been printing banknotes and securities since the 18th century and handled much of the smaller European states' currency work during this period. P#38 is among the scarcer interwar Luxembourg issues; the series had a relatively short circulation life before wartime disruption ended normal issuance entirely.