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Portugal 50 Mil Réis front progressive proof, ND (1917), Pick 110pp1, PMG 25 EPQ

Portugal 1917 - Banco de Portugal 50 Mil Réis Front Progressive Proof (Pick 110pp1)

Front progressive proof for the Banco de Portugal 50 Mil Réis, printed in a single intaglio color to test composition and line fidelity before the final multi-color stones were prepared. Without underprint or overprint, it exposes the engraver’s hand-the bare guilloche network and portrait cartouche that later defined the completed note. PMG 25 EPQ Very Fine. Read more →

PortugalProgressive Proof191750 Mil RéisPMG 25 EPQ Very Fine Portugal First RepublicPick 110pp1ND 1917Pick 110Portugal1917
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Paraguay 1907 Banco de la República 100 Pesos issued note, Pick 159, non-overprinted base type later used for the 1912 state overprint issues, printed by Waterlow & Sons, London, with 100 watermark and Moneda Nacional ó Diez Pesos Oro Sellado clause, PMG 66 EPQ Gem Uncirculated

Paraguay 1907 - Banco de la República 100 Pesos Issued Note (Pick 159)

The design is a strong example of Waterlow & Sons security engraving for South America in the early twentieth century. The face combines a yellow-green tint field with dense black intaglio work, broad ornamental side panels, large corner denomination tablets, and a central architectural vignette of the Banco de la República building. The engraved promise-to-pay wording, red serial number, Series A panel, and formal signature arrangement give the note a deeply institutional character. The reverse, built around elaborate guilloché rosettes, large denomination panels, and the national emblem, displays the same technical precision and decorative density that made Waterlow issues widely respected across Latin America. Read more →

ParaguayIssued Note1907100 PesosPMG 66 EPQ Gem Uncirculated Issued Note100 PesosPick 159Banco de la RepúblicaBase TypeNon-Overprinted IssueOriginal IssueSeries ARed Serial NumberWaterlow & SonsWaterlow & Sons London100 WatermarkWmk 100Architectural VignetteBanco de la República BuildingGuilloché Security DesignIntaglio PrintingYellow-Green TintBlack EngravingLarge Denomination PanelsMoneda NacionalDiez Pesos Oro SelladoGold-Value ClauseTen Sealed Gold PesosBase for 1912 State OverprintBase for Pick 134Base for Dual-Side Treasury RevalidationParaguayan Monetary HistorySouth American Monetary HistoryEarly 20th Century FinancePre-1912 Emergency IssueReference TypeCurrency Reform ContextHistoryParaguayRepublic of Paraguay19071912PMG 66 EPQGem UncirculatedMuseum Grade
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Italy 1869 Bradbury Wilkinson engraved portrait vignette used directly in the Credito Agricolo della Cassa di Risparmio in Bologna 30 Lire banknote design

Italy 1869 - Credito Agricolo della Cassa di Risparmio in Bologna 30 Lire Portrait Vignette (Bradbury Wilkinson and Company)

Vignettes of this type were engraved separately within the security printing workflow, allowing master engravers to refine portrait structure, shading, and line depth before integration into the full note layout. The precision visible in the engraving reflects high-level nineteenth century intaglio technique, with controlled line work used to build tonal realism and dimensional depth. Read more →

ItalyVignette1869Not ApplicablePMG Certified VignettePortrait VignetteEngraving ProofIntaglio EngravingBradbury Wilkinson and CompanySecurity PrintingDesign ElementBanknote ProductionCredito AgricoloCassa di Risparmio in Bologna30 Lire30 Lire IssueCompanion PieceLinked ArtifactItalian Banking HistoryPost Unification ItalyNineteenth Century FinanceHistoryItaly1869Pick UnlistedR8 Extremely RareMuseum Grade
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Brazil 2010 5 Reais Pick 253d, PMG 66 EPQ

Brazil 2010 - Banco Central 5 Reais (Pick 253d)

The Segunda Família do Real combined traditional intaglio printing with offset background tints, embedded threads, and microprinting-technologies representing Brazil’s domestic mastery of high-security production after decades of reliance on foreign printers. The updated layout also reaffirmed national symbolism through consistent use of the Republica allegory, balancing continuity with innovation. Read more →

BrazilIssued Note20105 ReaisPMG 66 EPQ Gem Uncirculated Pick 253dPMG 66 EPQCdM-B2010 SeriesIssued NoteLinked to Pick UnlistedBrazil2010
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East Caribbean States 2019 50 Dollars Pick 58a polymer note PMG 66 EPQ

East Caribbean States 2019 - Central Bank 50 Dollars (Pick 58a)

The note features Queen Elizabeth II at right, alongside the ECCB headquarters building, with vivid intaglio highlights, holographic butterfly motif, and advanced transparent window. The orange and copper color palette distinguishes the $50 within the polymer family. The reverse continues the regional unity theme, combining architecture, trade, and natural motifs from across member territories. Read more →

East Caribbean StatesIssued Note201950 DollarsPMG 66 EPQ Gem Uncirculated Pick 58aPMG 66 EPQPolymer2019 Series50 dollarsIssued NoteLinked to Pick UnlistedEast Caribbean States2019
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Luxembourg 1982 1000 Francs specimen serial A000000 094 with red diagonal SPECIMEN overprint and two punch holes, Pick 52bs, PMG 67 EPQ Superb Gem Uncirculated

Luxembourg 1982 - 1000 Francs Specimen Grand Duchess Charlotte (Pick 52bs)

Printed by Bradbury, Wilkinson & Company, Limited, the note reflects the final phase of traditional European intaglio banknote production. The portrait of Grand Duchess Charlotte is executed in finely layered engraving, surrounded by dense guilloche structures and balanced ornamental framing. The composition is both technically functional and visually authoritative, designed for high-denomination clarity under both manual inspection and machine-assisted verification systems. Read more →

LuxembourgSpecimen19821000 FrancsPMG 67 EPQ Superb Gem Uncirculated Specimen1000 FrancsRed SPECIMEN overprintDiagonal SPECIMENTwo Punch HolesPunch CancelledA000000 094Specimen Serial FormatGrand Duchess CharlotteLuxembourg banknote designIntaglio engravingGuilloche security patternBradbury WilkinsonBWCLuxembourg monetary systemBelgian Luxembourg Economic UnionUnissued contingency issueHistoryLuxembourg1982Pick 52bsPick 52bPMG 67 EPQSuperb Gem UncirculatedTop PopMuseum Grade
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Luxembourg 1982 1000 Francs color trial specimen serial A000000 13 with red diagonal SPECIMEN overprint and single punch hole, Pick 52bcts, PMG 66 EPQ Gem Uncirculated

Luxembourg 1982 - 1000 Francs Color Trial Specimen Grand Duchess Charlotte (Pick 52bcts)

Printed by Bradbury, Wilkinson & Company, Limited, this piece represents a calibrated variation of the final design, where color balance, engraving contrast, and denomination clarity were actively tested. The shift toward a blue-violet dominant palette alters the visual hierarchy of the note, particularly in the rendering of Grand Duchess Charlotte’s portrait and the surrounding guilloche structures. These trials were used to evaluate how intaglio depth interacted with multi-color printing under real viewing and sorting conditions. Read more →

LuxembourgColor Trial Specimen19821000 FrancsPMG 66 EPQ Gem Uncirculated Color Trial SpecimenColor Trial1000 FrancsRed SPECIMEN overprintDiagonal SPECIMENSingle Punch HolePunch CancelledA000000 13Specimen Serial FormatGrand Duchess CharlotteLuxembourg banknote designIntaglio engravingColor variation testingGuilloche security patternBradbury WilkinsonBWCLuxembourg monetary systemBelgian Luxembourg Economic UnionUnissued contingency issueHistoryLuxembourg1982Pick 52bctsPick 52bPMG 66 EPQGem UncirculatedMuseum Grade
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Luxembourg 1982 1000 Francs proof with no overprint or serials, Pick 52bp, PMG 55 EPQ About Uncirculated, Top Pop 1 of 1

Luxembourg 1982 - 1000 Francs Proof Grand Duchess Charlotte (Pick 52bp)

Printed by Bradbury, Wilkinson & Company, Limited, the note displays the full intaglio structure exactly as prepared for final production. The portrait of Grand Duchess Charlotte is rendered in sharp, uninterrupted engraving, surrounded by precise guilloche architecture and balanced ornamental framing. At this stage, the design exists as a controlled reference standard, used to verify engraving accuracy, layout integrity, and readiness for subsequent production phases. Read more →

LuxembourgProof19821000 FrancsPMG 55 EPQ About Uncirculated Proof1000 FrancsTop Pop 1 of 1Top PopUnique Graded ExampleHighest DenominationGrand Duchess CharlotteLuxembourg banknote designIntaglio engravingGuilloche security patternBradbury WilkinsonBWCLuxembourg monetary systemBelgian Luxembourg Economic UnionUnissued contingency issueProduction reference stageHistoryLuxembourg1982Pick 52bpPick 52bPMG 55 EPQAbout UncirculatedMuseum GradeR9 Extremely Rare
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Luxembourg 1982 500 Francs specimen serial A000000 096 with red diagonal SPECIMEN overprint and two punch holes, Pick 52as, PMG 66 EPQ Gem Uncirculated

Luxembourg 1982 - 500 Francs Specimen Grand Duchess Charlotte (Pick 52as)

Printed by Bradbury, Wilkinson & Company, Limited, the note reflects the same high-level engraving and security structure seen in the 1000 Francs, translated into a denomination intended for broader circulation density. The portrait of Grand Duchess Charlotte is executed in finely controlled intaglio, supported by layered guilloche patterns and a balanced ornamental framework optimized for both clarity and resistance to reproduction. Read more →

LuxembourgSpecimen1982500 FrancsPMG 66 EPQ Gem Uncirculated Specimen500 FrancsRed SPECIMEN overprintDiagonal SPECIMENTwo Punch HolesPunch CancelledA000000 096Specimen Serial FormatGrand Duchess CharlotteLuxembourg banknote designIntaglio engravingGuilloche security patternBradbury WilkinsonBWCLuxembourg monetary systemBelgian Luxembourg Economic UnionUnissued contingency issueWorking denominationHistoryLuxembourg1982Pick 52asPick 52aPMG 66 EPQGem UncirculatedMuseum Grade
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Luxembourg 1982 500 Francs proof with no overprint or serials, Pick 52ap, PMG 66 EPQ Gem Uncirculated, Top Pop 1 of 1

Luxembourg 1982 - 500 Francs Proof Grand Duchess Charlotte (Pick 52ap)

Printed by Bradbury, Wilkinson & Company, Limited, the note presents the complete design in its pure form, without overprints, serial numbering, or cancellation. The portrait of Grand Duchess Charlotte is rendered in precise intaglio engraving, supported by a dense guilloche framework and balanced ornamental layout. At this stage, the note functions as a reference standard, used to confirm engraving accuracy, spatial alignment, and readiness for transition into subsequent production phases. Read more →

LuxembourgProof1982500 FrancsPMG 66 EPQ Gem Uncirculated Proof500 FrancsTop Pop 1 of 1Unique Graded ExampleCore DenominationGrand Duchess CharlotteLuxembourg banknote designIntaglio engravingGuilloche security patternBradbury WilkinsonBWCLuxembourg monetary systemBelgian Luxembourg Economic UnionUnissued contingency issueProduction reference stageHistoryLuxembourg1982Pick 52apPick 52aPMG 66 EPQGem UncirculatedMuseum GradeR9 Extremely Rare
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Luxembourg 1970 100 Francs specimen Pick 56s with SPECIMEN overprint, punch hole cancellation, and serial A000000

Luxembourg 1970 - 100 Francs Specimen (Pick 56s)

The design presents Grand Duke Jean in formal portrait at left, combined with layered guilloche structures and offset color fields engineered for clarity, durability, and machine readability. The integration of intaglio portrait engraving with multicolor offset underprint reflects the mature production standard of the 1970 issue. Read more →

LuxembourgSpecimen1970100 FrancsPMG 66 EPQ Gem Uncirculated Specimen100 FrancsA000000Dual Serial FormatSPECIMEN OverprintPunch Hole CancellationGrand Duke JeanGuilloche security patternOffset and intaglio combinationIssued design typeLuxembourg monetary systemBelgian Luxembourg Economic Union1970 issueHistoryLuxembourg1970Pick 56sPick 56aPMG 66 EPQGem UncirculatedMuseum Grade
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Luxembourg 1970 100 Francs color trial specimen serial A000000 33 with diagonal red SPECIMEN overprint and two punch holes, Pick 56cts, PMG 58 EPQ Choice About Uncirculated

Luxembourg 1970 - 100 Francs Color Trial Specimen (Pick 56cts)

Color trials such as this were produced to test multiple variables simultaneously, including ink density, interaction between intaglio engraving and offset background layers, and legibility under both manual inspection and machine processing. Within the Belgian Luxembourg Economic Union framework, maintaining clear denomination recognition across mixed national issues was a critical requirement, making color differentiation a key functional parameter rather than a purely aesthetic choice. Read more →

LuxembourgColor Trial Specimen1970100 FrancsPMG 58 EPQ Choice About Uncirculated SpecimenColor Trial SpecimenColor TrialAlternative ColorBlue Color TrialDiagonal SPECIMEN overprintRed SPECIMENTwo Punch HolesPunch CancelledA000000 33Specimen Serial Format100 FrancsGrand Duke Jean portraitLuxembourg banknote designWatermark portraitIntaglio engravingSecurity printing featuresLuxembourg Belgium monetary unionEuropean currency systemBanknote development processColor differentiation testingHistoryLuxembourg1970Pick 56ctsPick 56aPMG 58 EPQChoice About UncirculatedMuseum Grade
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