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United States Series 1928 20 Dollars Gold Certificate with orange-gold Treasury seal and serial numbers, Friedberg 2402 AA block, graded PMG 50 EPQ About Uncirculated from the Misch Collection.

United States 1928 - 20 Dollars Gold Certificate (Friedberg 2402, AA Block), PMG 50 EPQ About Uncirculated

The Series 1928 20 Dollars Gold Certificate, cataloged as Friedberg 2402, represents the inaugural small-size issue of the denomination and one of the final circulating forms of gold-backed United States paper money. Bearing the signatures of Woods and Mellon, this example from the AA block carries the distinctive orange-gold Treasury seal and matching serial numbers that define Gold Certificate issues of the era. Gold Certificates were obligations payable in gold coin to the bearer on demand, a clause prominently displayed on the face of the note. ... Read more →

United StatesGold Certificate192820 DollarsPMG 50 EPQ About Uncirculated Gold CertificateOrange-gold Treasury sealSmall size banknotePortrait of Andrew JacksonWhite House reverse20 DollarsBureau of Engraving and PrintingAA blockFriedberg 2402Woods and Mellon signaturesExceptional Paper Quality designationGold redemption clausePre-1933 gold standard eraUnited States gold-backed currencyHistoryUnited States1928PMG 50 EPQAbout UncirculatedMisch CollectionMuseum Grade
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United States Series 1922 20 Dollars Gold Certificate with orange-gold Treasury seal and serial numbers, Friedberg 1187, graded PMG 20 Very Fine, featuring portrait of Andrew Jackson in large-size format.

United States 1922 - 20 Dollars Gold Certificate (Friedberg 1187), PMG 20 Very Fine

The Series 1922 20 Dollars Gold Certificate, cataloged as Friedberg 1187, represents one of the final large-size gold-backed issues prior to the transition to standardized small-size currency in 1928. Bearing the signatures of Treasurer Frank White and Register of the Treasury Frank Speelman, this issue embodies the mature phase of large-format United States Gold Certificates during the final decade of the classical gold standard era. Gold Certificates were direct obligations of the United States Treasury, payable in gold coin to the bearer on demand. ... Read more →

United StatesGold Certificate192220 DollarsPMG 20 Very Fine Gold CertificateLarge size banknoteOrange-gold Treasury sealPortrait of Andrew Jackson20 DollarsBureau of Engraving and PrintingFriedberg 1187Speelman and White signaturesGold redemption clausePre-1933 gold standard eraUnited States gold-backed currencyHistoryUnited States1922PMG 20Very FineMuseum Grade
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United States Series 1950A 20 Dollars Federal Reserve Note from the Cleveland District with misaligned back printing error, Friedberg 2060-D, graded PMG 45 PPQ Extremely Fine.

United States 1950A - 20 Dollars Federal Reserve Note, Cleveland District, Misaligned Back Printing Error (Friedberg 2060-D), PMG 45 PPQ Extremely Fine

The Series 1950A 20 Dollars Federal Reserve Note from the Cleveland District, cataloged as Friedberg 2060-D, exhibits a documented Misaligned Back Printing Error. This production anomaly occurred during the back plate printing stage, when the reverse impression shifted relative to the front, creating visible displacement in the alignment of the reverse design elements. Misaligned back printing errors arise when the sheet positioning during the reverse pass deviates from its intended registration. ... Read more →

United StatesError Note195020 DollarsPMG 45 PPQ Extremely Fine Federal Reserve NoteIssued NoteError NoteMisaligned back printingSmall size banknotePortrait of Andrew Jackson20 DollarsBureau of Engraving and PrintingCleveland Federal Reserve DistrictFriedberg 2060-DPremium Paper Quality designationPost-war fiat currency eraUnited States printing errorMid twentieth century United States currencyHistoryUnited States19501950APMG 45 PPQExtremely FineMuseum Grade
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Luxembourg 100 Francs back photographic proof showing early composition study of bridge motif, mounted on cardstock, Pick Unlisted, PCGS 63 Choice New

Luxembourg Undated - 100 Francs Back Photographic Proof, Composition Study (Pick Unlisted)

Back-side photographic proof for the one hundred francs design of the Grand Duchy of Luxembourg, preserved as an archival working piece mounted on cardstock. This example represents an early composition study within the development of the Grand Duke Jean series, prior to final engraving and production alignment. The central vignette depicts the same bridge motif later used in the issued design, but rendered from a more distant viewpoint and within a broader spatial framework. ... Read more →

LuxembourgPhotographic Proof (Back)1970100 FrancsPCGS 63 Choice New (Mounted on Cardstock) Photographic ProofBack100 FrancsPick UnlistedComposition StudyEarly Layout StageDesign EvolutionBridge MotifPre-engraving stageArchival photographic proofLuxembourg monetary history1970 series developmentBanknote design processHistoryLuxembourg1970Pick UnlistedPCGS 63Choice NewMounted on CardstockMuseum Grade
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Luxembourg 1966 20 Francs specimen Pick 54s with horizontal SPECIMEN overprint and two punch holes PMG 64 Choice Uncirculated

Luxembourg 1966 - 20 Francs Specimen (Pick 54s)

Specimen of the twenty francs note of the Grand Duchy of Luxembourg dated 1966, produced as part of the official reference and control series for the Grand Duke Jean issue within the Belgian Luxembourg Economic Union framework. Printed by Thomas De La Rue and Company, London, this piece represents the approved design in its non-circulating validation format. The obverse presents Grand Duke Jean in formal military attire, engraved in precise intaglio with finely controlled line density and consistent ink distribution. ... Read more →

LuxembourgSpecimen196620 FrancsPMG 64 Choice Uncirculated Specimen20 FrancsPick 54sGrand Duke JeanIntaglio engravingGuilloche security patternWatermark portraitDe La Rue printingHorizontal SPECIMEN overprintTwo Punch HolesA000000Luxembourg monetary systemBelgian Luxembourg Economic UnionBanknote production processHistoryLuxembourg1966Pick 54sPick 54aPMG 64Choice UncirculatedMuseum Grade
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Luxembourg 1966 20 Francs color trial specimen Pick 54cts with SPECIMEN overprint and punch holes PMG 66 EPQ Gem Uncirculated

Luxembourg 1966 - 20 Francs Color Trial Specimen (Pick 54cts)

Color trial specimen of the twenty francs note of the Grand Duchy of Luxembourg dated 1966, produced during the advanced evaluation phase of the Grand Duke Jean series within the Belgian Luxembourg Economic Union framework. Printed by Thomas De La Rue and Company, London, this example represents a controlled press-stage trial where final color relationships, engraving visibility, and overall tonal balance were assessed prior to full production approval. The obverse displays Grand Duke Jean in formal military attire, rendered in finely controlled intaglio and surrounded by complex multicolor guilloche structures. ... Read more →

LuxembourgColor Trial Specimen196620 FrancsPMG 66 EPQ Gem Uncirculated Color Trial Specimen20 FrancsPick 54ctsGrand Duke JeanIntaglio engravingGuilloche security patternExperimental colorColor evaluationDe La Rue printingSPECIMEN overprintPunch holesA000000Luxembourg monetary systemBelgian Luxembourg Economic UnionBanknote production processHistoryLuxembourg1966Pick 54ctsPick 54aPMG 66 EPQGem UncirculatedMuseum Grade
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Luxembourg 1982 20 Francs specimen Pick 54As with multicolor design, horizontal SPECIMEN overprint and single punch hole, PMG 67 EPQ Superb Gem Uncirculated

Luxembourg 1982 - 20 Francs Specimen Unissued Series (Pick 54As)

Specimen of the unissued 1982 twenty francs series of the Grand Duchy of Luxembourg, printed by Bradbury Wilkinson and Company as part of a fully prepared but never released national banknote program. This example, serial A000000 099, represents a complete and finalized design held at the specimen stage, with no corresponding issued notes known for the type. At first glance, the note presents a color palette closely aligned with the experimental tones seen in the 1966 development phase. ... Read more →

LuxembourgSpecimen198220 FrancsPMG 67 Exceptional Paper Quality Superb Gem Uncirculated Specimen20 FrancsPick 54AsGrand Duke JeanIntaglio engravingGuilloche security patternMulticolor designSingle Punch HoleHorizontal SPECIMEN overprintA000000 099Bradbury Wilkinson and CompanyBradbury WilkinsonBWCLuxembourg monetary systemUnissued 1982 seriesBelgian Luxembourg Economic UnionContingency issueHistoryLuxembourg1982Pick 54AsPick 54aPMG 67 EPQSuperb Gem UncirculatedTop PopMuseum Grade
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Luxembourg 29 July 1965 20 Francs back photographic proof showing early abandoned reverse design with river boat and tree-lined bank, mounted on cardstock

Luxembourg 29 July 1965 - 20 Francs Back Photographic Proof Early Design Concept (Pick Unlisted)

Back-side photographic proof of the twenty francs issue of the Grand Duchy of Luxembourg, dated 29 July 1965, representing an early reverse design concept later replaced during the development of the series. Produced for internal evaluation, this monochrome proof is mounted on archival cardstock and preserves a composition that differs fundamentally from the finalized reverse adopted for the 1970 issue. The central vignette presents a river landscape with a cargo vessel in the foreground and a row of tall trees lining the bank, extending toward a simplified rural horizon. ... Read more →

LuxembourgPhotographic Proof (Back)196520 FrancsPCGS 63 Apparent Choice New (Mounted on Cardstock) Photographic ProofBack Proof20 FrancsMounted on CardstockHandwritten Date 29 July 1965Early reverse designBoat vignetteRiver landscapeAlternative compositionPre-final reverse layoutAbandoned design conceptDesign replacement stagePre-1970 seriesBanknote design developmentHistoryLuxembourg1965Pick UnlistedPCGS 63Choice NewMuseum Grade
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Luxembourg August 1965 20 Francs back photographic proof showing transitional reverse design with river valley and early refinement of final composition, mounted on cardstock

Luxembourg August 1965 - 20 Francs Back Photographic Proof Transitional Design Stage (Pick Unlisted)

Back-side photographic proof of the twenty francs issue of the Grand Duchy of Luxembourg, produced in August 1965 during the transitional phase following the abandonment of the earlier July design concept. Printed in monochrome and mounted on archival cardstock, this example documents the stage at which the final reverse design direction had been selected but not yet fully refined. The central vignette already reflects the composition later adopted for the issued note, featuring the structured river valley with engineered water control elements replacing the earlier boat-based landscape concept. ... Read more →

LuxembourgPhotographic Proof (Back)196520 FrancsPCGS 63 Apparent Choice New (Mounted on Cardstock) Photographic ProofBack Proof20 FrancsMounted on CardstockFinal reverse conceptPost-concept redesignRiver valley designWater control structureDeveloping compositionTransitional design stageReverse stabilized earlyPre-final refinementBanknote design developmentHistoryLuxembourg1965Pick UnlistedPCGS 63Choice NewMuseum Grade
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Luxembourg 24 November 1965 20 Francs face photographic proof serial A000000 showing finalized layout with correct proportions prior to final signature configuration, mounted on cardstock

Luxembourg 24 November 1965 - 20 Francs Face Photographic Proof Final Layout Stage (Pick Unlisted)

Face-side photographic proof of the twenty francs issue of the Grand Duchy of Luxembourg, dated 24 November 1965, representing the finalized layout stage of the design prior to full production. Printed in monochrome and mounted on archival cardstock, this example preserves the obverse composition at the point where structural design decisions had been completed. The note carries serial number A000000 in dual placement, consistent with internal photographic proof formatting. ... Read more →

LuxembourgPhotographic Proof (Face)196520 FrancsPCGS 64 Apparent Choice New (Mounted on Cardstock) Photographic ProofFace Proof20 FrancsA000000Dual Serial FormatMounted on CardstockHandwritten Date 24 November 1965Grand Duke JeanFinal portrait proportionsResolved layoutFinalized typographyBalanced compositionFinal layout stagePre-production validationPre-issuance configurationBanknote design developmentHistoryLuxembourg1965Pick UnlistedPCGS 64Choice NewMuseum Grade
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Luxembourg 24 November 1965 20 Francs back photographic proof showing finalized Pick 54 reverse design with river valley and water control structures, mounted on cardstock

Luxembourg 24 November 1965 - 20 Francs Back Photographic Proof Final Layout Stage (Pick 54)

Back-side photographic proof of the twenty francs issue of the Grand Duchy of Luxembourg, dated 24 November 1965, representing the finalized reverse layout aligned with the design later adopted for the issued note (Pick 54). Printed in monochrome and mounted on archival cardstock, this example captures the reverse composition at the point of final structural approval. The central vignette depicts the engineered river valley with integrated water control structures, matching the configuration used in the issued series. ... Read more →

LuxembourgPhotographic Proof (Back)196520 FrancsPCGS 64 Apparent Very Choice New (Mounted on Cardstock) Photographic ProofBack Proof20 FrancsMounted on CardstockHandwritten Date 24 November 1965Final reverse designRiver valley compositionWater control structuresResolved layoutIntegrated guillocheFinal layout stagePre-production validationPick 54 alignmentBanknote design developmentHistoryLuxembourg1965Pick 54PCGS 64Very Choice NewMuseum Grade
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Luxembourg 10 Francs back photographic proof dated July 3 1966 with architectural bridge and urban landscape vignette and handwritten annotation 6-1-67 in lower margin, mounted on cardstock

Luxembourg July 3 1966 - 10 Francs Back Photographic Proof Final Layout Stage (Pick 53)

Back-side photographic proof of the ten francs note of the Grand Duchy of Luxembourg, dated July 3, 1966 as indicated on the grading holder, representing the finalized reverse layout prior to production. Printed in monochrome and mounted on archival cardstock, this example preserves the reverse composition at the stage where all structural and visual elements had been fully resolved. The central vignette presents a fully developed architectural and landscape composition, integrating bridge structures, urban elements, and natural surroundings within a controlled and balanced framework. ... Read more →

LuxembourgPhotographic Proof (Back)196610 FrancsPCGS 64 Apparent Very Choice New (Mounted on Cardstock) Photographic ProofBack Proof10 FrancsMounted on CardstockHandwritten Annotation 6-1-67Dated July 3 1966Final reverse designArchitectural vignetteBridge structureUrban landscapeIntegrated guillocheFinal layout stagePre-production validationPick 53HistoryLuxembourg1966PCGS 64Very Choice NewMuseum Grade
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