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The Dancer 2022 demonstration note

Issuer Giesecke+Devrient
Year 2022
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Size 160 x 75 mm
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Protection type Watermark, Security thread, Hologram
Protection description F ballerina shoes and electrotype numeral 20; vertical windowed security thread with holographic shifting-color elements; segmented foil strip windows visible on reverse
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Comments

Giesecke+Devrient's demonstration notes exist purely to showcase security technology to prospective central bank clients — they circulate at trade exhibitions and sales presentations, never through any monetary system. This example from 2022 carries the "Dancer" motif, a recurring character in G+D's demonstration series used specifically to show motion-effect holographic and optically variable features under different viewing angles. The Louisenthal facility, G+D's dedicated security paper mill in Bavaria, produces the substrate itself, meaning the paper and its embedded elements originate from the same site before printing — an unusual degree of vertical integration that few commercial banknote operations can match.

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