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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. 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)

Typography and denomination structure are fully stabilized, with "VINGT FRANCS" integrated harmoniously within the surrounding guilloche architecture. The spatial organization reflects a completed design system, optimized for both visual clarity and mechanical processing requirements. 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 1971 50 Francs face photographic proof with serial A000000 and handwritten annotation 18 May 1972 in lower margin, Signature A, Pick Unlisted

Luxembourg March 20 1971 - 50 Francs Signature A, Face Photographic Proof (Pick Unlisted)

The signature configuration corresponds to the Signature A system later cataloged as Pick 55a, establishing this proof as part of the A-branch design sequence prior to the introduction of the alternate Signature B variant. Read more →

LuxembourgPhotographic Proof (Face)197150 FrancsPCGS 62 Apparent New (Mounted on Cardstock) Photographic ProofFace Proof50 FrancsA000000Dual Serial FormatMounted on CardstockHandwritten Annotation 18 May 1972Dated March 20 1971Grand Duke JeanSignature AFinal portrait proportionsResolved layoutFinalized typographyFinal layout stagePre-production validationBanknote design developmentHistoryLuxembourg1971Pick UnlistedPick 55aPCGS 62NewMuseum GradeAnnotationsHandwritten Annotations
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Luxembourg 1971 50 Francs Back Photographic Proof showing industrial manufacturing scene with handwritten annotation 18 May 1972 in lower margin, Signature A, Pick Unlisted

Luxembourg March 20 1971 - 50 Francs Signature A, Back Photographic Proof (Pick Unlisted)

The design corresponds to the Signature A configuration later cataloged as Pick 55a, confirming its position within the A-branch of the fifty francs series prior to the introduction of the alternate Signature B variant. Read more →

LuxembourgPhotographic Proof (Back)197150 FrancsPCGS 64 Apparent Very Choice New (Mounted on Cardstock) Photographic ProofBack Proof50 FrancsMounted on CardstockHandwritten Annotation 18 May 1972Dated March 20 1971Industrial vignetteManufacturing sceneWorkers and machineryFinal reverse designIntegrated compositionSignature AFinal layout stagePre-production validationBanknote design developmentHistoryLuxembourg1971Pick UnlistedPick 55aPCGS 64Very Choice NewMuseum GradeAnnotationsHandwritten Annotations
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Luxembourg 1951 Banque Internationale a Luxembourg 100 Francs multi-stage photographic proof assembly showing early and advanced face designs with A000000 serial on front and reverse industrial vignette with dated annotations

Banque Internationale à Luxembourg 1951 - 100 Francs Multi-Stage Photographic Proof Assembly (Pick Unlisted)

The second face proof represents a significantly more advanced stage. Engraving lines are sharper and more controlled, ornamental elements are proportionally aligned, and the overall composition reflects a near-final structural balance. At this stage, functional elements are fully integrated into the design, including the placement of signatures and the introduction of serial numbering on the obverse. Read more →

LuxembourgPhotographic Proof1951100 FrancsUncirculated Details 100 FrancsPick 13aPhotographic ProofMulti Stage ProofComposite Proof AssemblyFace ProofBack ProofEarly Design StageAdvanced Design StageSerial On FrontA000000 PlaceholderDesign TransitionSerial Placement EvolutionBanque Internationale a LuxembourgBanknote Design ProcessEngraving DevelopmentGuillocheIndustrial VignetteWorkers and MachineryLuxembourg1951Pick UnlistedR9 Extremely RareHistoryMuseum GradeAnnotationsHandwritten Annotations
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Luxembourg 1956 Banque Internationale a Luxembourg 100 Francs face photographic proof in monochrome, showing allegorical portrait, three engraved signatures, and finalized layout without serial numbers on the front

Banque Internationale à Luxembourg 1956 - 100 Francs Face Photographic Proof (Pick Unlisted)

This stage follows the earlier multi-stage design development recorded on the dated 1951 proof assembly, where the face evolved from a softer and less resolved state into the mature engraved form seen here, while also transitioning from front-based to reverse-based serial numbering. By 1956, the obverse composition had been fully stabilized and prepared for printing transfer. Read more →

LuxembourgPhotographic Proof1956100 FrancsPMG 64 Choice Uncirculated Photographic ProofFace Proof100 FrancsPick UnlistedBanque Internationale a LuxembourgMonochrome ProofProduction Stage ProofThree SignaturesNo Front SerialsAllegorical PortraitLaurel FrameGuillocheLuxembourg1956Pick 13aPMG 64Choice UncirculatedHistoryMuseum Grade
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Luxembourg 1956 Banque Internationale a Luxembourg 100 Francs back photographic proof in monochrome, showing industrial workers, machinery, and two placeholder serials 123456 without prefixes

Banque Internationale à Luxembourg 1956 - 100 Francs Back Photographic Proof (Pick Unlisted)

As a photographic proof, this piece served internal review and verification functions within the printing process and was never intended for circulation. Surviving examples are scarce and provide direct documentation of how the reverse moved from design concept into production-ready execution. Read more →

LuxembourgPhotographic Proof1956100 FrancsPMG 64 Choice Uncirculated Photographic ProofBack Proof100 FrancsPick UnlistedBanque Internationale a LuxembourgMonochrome ProofProduction Stage ProofReverse Serials123456 PlaceholdersNo Prefix SerialsIndustrial VignetteWorkers and MachineryGuillocheLuxembourg1956Pick 13aPMG 64Choice UncirculatedHistoryMuseum Grade
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Paraguay 1907 Banco de la República 5 Pesos with 1912 dual-side state and Treasury revalidation overprint, Pick Unlisted, base Pick 156, showing Emisión del Estado on the face and Departamento de Hacienda Junta Fiscalizadora Cincuenta Centavos Oro Sellado validation on the reverse, printed by Waterlow & Sons, London, raw uncirculated

Paraguay 1907 - Banco de la República 5 Pesos with 1912 Dual-Side State and Treasury Revalidation Overprint (Pick Unlisted, Base Pick 156)

Uncirculated 1907 Banco de la República 5 Pesos note, printed by Waterlow & Sons, London, and later transformed by the 1912 Paraguayan emergency revalidation process. The note is based on the original 1907 Banco de la República 5 Pesos issue, cataloged as Pick 156, but this dual-side state and Treasury validation format appears to stand outside the standard catalog listing and is therefore best treated as Pick Unlisted, base Pick 156. The face carries the large oval state overprint “Emisión del Estado – Ley de 11 de Enero de 1912,” while the reverse bears the additional Treasury validation “Departamento de Hacienda – Junta Fiscalizadora – Cincuenta Centavos Oro Sellado – Conforme Decreto de 20 de Mayo 1912.” This dual-side structure places the note among the most historically informative forms of Paraguay’s 1912 provisional paper money. Read more →

ParaguayDual-Side Overprint Issue19075 PesosUncirculated Dual-Side Overprint Issue5 PesosPick UnlistedPick 156Base Pick 156OverprintState OverprintTreasury OverprintDual-Side OverprintFace OverprintReverse OverprintProvisionalEmergency State IssueFiscal RevalidationTreasury RevalidationGovernment RevalidationWaterlow & SonsWaterlow & Sons LondonBanco de la RepúblicaEmisión del EstadoLey de 11 de Enero de 1912Departamento de HaciendaJunta FiscalizadoraConforme Decreto de 20 de Mayo 1912Moneda NacionalCincuenta Centavos Oro SelladoGold-Value ClauseSeries ARed Serial NumberBlack Oval OverprintReverse Treasury ValidationGuilloché Security DesignIntaglio PrintingParaguayan Emergency Issues1912 ReformParaguayan Civil War PeriodSouth American Monetary HistoryEarly 20th Century FinanceEmergency CurrencyOverprint VarietiesState LiabilityTreasury VerificationCurrency RevalidationPublic Finance HistoryHistoryParaguayRepublic of Paraguay19071912UncirculatedMuseum GradeR9 Extremely Rare
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Paraguay 1907 Banco de la República 5 Pesos issued note, Pick 156, original non-overprinted base type later used for the 1912 state overprint Pick 127 and the dual-side Treasury revalidation variety, printed by Waterlow & Sons, London, with 5 watermark and Moneda Nacional ó Cincuenta Centavos Oro Sellado clause, PMG 65 EPQ Gem Uncirculated

Paraguay 1907 - Banco de la República 5 Pesos Issued Note (Pick 156)

The issued Pick 156 also provides the clearest visual comparison for the 1912 overprinted notes. On the single-side Pick 127 issue, the face overprint crosses the central portrait and title, visibly placing state authority over the original banknote. On the dual-side Pick Unlisted variety, the reverse overprint adds the Departamento de Hacienda and Junta Fiscalizadora layer and repeats the “Cincuenta Centavos Oro Sellado” value formula. Without the issued note, those later interventions can be misunderstood as isolated markings. With the issued note present, the full sequence becomes clear: Paraguay first had a refined Banco de la República note, then turned surviving stock into emergency state currency, and in special cases added further Treasury control. Read more →

ParaguayIssued Note19075 PesosPMG 65 EPQ Gem Uncirculated Issued Note5 PesosPick 156Banco de la RepúblicaBase TypeNon-Overprinted IssueOriginal IssueSeries ARed Serial NumberWaterlow & SonsWaterlow & Sons London5 WatermarkWatermark 5Allegorical PortraitFemale PortraitGuilloché Security DesignIntaglio PrintingBlue UnderprintBrown ReverseNational EmblemLarge Denomination PanelsMoneda NacionalCincuenta Centavos Oro SelladoGold-Value ClauseHalf Peso OroBase for 1912 State OverprintBase for Pick 127Base for Dual-Side Treasury RevalidationParaguayan Monetary HistorySouth American Monetary HistoryEarly 20th Century FinancePre-1912 Emergency IssueReference TypeCurrency Reform ContextHistoryParaguayRepublic of Paraguay19071912PMG 65 EPQGem UncirculatedExceptional Paper QualityMuseum GradeR7 Extremely Rare
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Barbados 1968 Bank of Barbados 5 Dollars unissued banknote design archival photographs, front and back pair produced by Bradbury Wilkinson and Company Limited, PMG 66 and PMG 65 Gem Uncirculated

Barbados 1968 - Bank of Barbados 5 Dollars, Front and Back Archival Photograph (Pick Unlisted)

Paper Money Guaranty identifies the pieces as Front Archival Photograph and Back Archival Photograph and classifies them as Pick Unlisted. The photographs are not legal tender, were never issued for circulation, and do not represent specimens of a released Barbados banknote type. Instead, they survive as primary-source production records from the design history of modern Barbados paper money. Read more →

BarbadosArchival Photograph19685 DollarsPMG 66 Gem Uncirculated front and PMG 65 Gem Uncirculated back Archival PhotographFront Archival PhotographBack Archival PhotographUnissued Banknote DesignPick Unlisted5 DollarsBank of BarbadosQueen Elizabeth IISerial Number A0000000Bradbury WilkinsonBWCNew Malden Surrey EnglandBritish Security PrintingPMG 66PMG 65Proposed Currency DesignUnadopted Issuer NamePrinter Archive MaterialCaribbean Monetary HistoryBritish West IndiesPost-Colonial Currency DesignPublic Finance HistorySecurity Printing HistoryBarbados1968Museum GradeR9 Extremely Rare
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China 1949 People's Bank of China 100 Yuan Red Ship unnumbered multi-layer alignment trial printed by the Shanghai Banknote Printing Plant, with oversized sheet margin, printer guide marks, no serial number, inverted 1948 100 Yuan Ploughing and Factory underprint beneath the face design, and blue 100-denomination underprint visible beneath the reverse, cataloged as Pick Unlisted

China 1949 - People's Bank of China 100 Yuan Red Ship Unnumbered Multi-Layer Alignment Trial with Inverted 1948 100 Yuan Underprint (Pick Unlisted)

This 1949 100 Yuan Red Ship alignment trial from the People's Bank of China belongs to the production history of the First Series Renminbi, the founding paper-money issue of the early People's Republic of China. The issued Red Ship note is cataloged as Pick 831b, while this piece is Pick Unlisted because it survives in an unfinished production-stage format, without serial numbers or final trimming and with oversized margins and printer guide marks. Read more →

ChinaAlignment Trial1949100 YuanUngraded Alignment TrialProduction TrialUnnumbered Alignment TrialMulti-layer Alignment TrialPre-numbering Trial ImpressionSheet-margin Trial ImpressionPrinting ErrorAlignment Error1948 100 Yuan Underprint1948 100 Yuan Ploughing and Factory UnderprintInverted 1948 100 Yuan UnderprintInverted Ploughing and Factory Underprint1948 100 Yuan Reverse UnderprintBlue 100 Yuan UnderprintBlue 100-denomination UnderprintBlue Security Underprint100 Yuan Security UnderprintDisplaced 1948 100 Yuan UnderprintDisplaced Blue 100 Yuan UnderprintDisplaced Production PrintingProduction-stage Printing AnomalyLower Margin PrintingNo Serial NumberPick Unlisted100 YuanRed ShipPloughing and FactoryCargo VesselIndustrial HarborOversized Sheet MarginPrinter Guide MarksFirst Series RenminbiShanghai Banknote Printing PlantBanknote PrintingProduction-stage MaterialPrinting AlignmentBackground Impression AlignmentSecurity Printing LayerColor Registration MarksUntrimmed Sheet MarginPre-numbering StagePeople's Bank of ChinaChinese Monetary HistoryEarly People's Republic of ChinaRenminbi Monetary ConsolidationPostwar ChinaSecurity Printing HistoryPublic Finance HistoryHistoryChina19491948Pick number 831bPick number 807aUniqueMuseum GradeR9 Extremely Rare
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Ireland - Northern 1929 Ulster Bank Limited 1 Pound uncut sheet of 3 proofs with specimen perforation, Pick Unlisted, showing three proof impressions on Ulster Bank Limited watermarked security paper with Charles Skipper and East Limited London printing attribution

Ireland - Northern 1929 - Ulster Bank Limited 1 Pound Uncut Sheet of 3 Proofs with Specimen Perforation (Pick Unlisted)

This Ulster Bank Limited 1 Pound uncut sheet of 3 proofs belongs to the Northern Ireland Issue design group of 1929-1934 and survives in a format not represented by the standard single-note Pick listing. It is cataloged here as Pick Unlisted, while the individual proof design is associated with Pick 306p. The sheet preserves three proof impressions before separation, making it a broad production artifact rather than a single cut proof. Read more →

IrelandProof19291 PoundUngraded ProofUncut Proof SheetUncut Sheet of 3Sheet of 3 ProofsThree-Subject SheetSpecimen PerforationPrivate Banknote IssueAuthorized Banknote IssueIrish Private BankNorthern Ireland Issue1 PoundUlster BankUlster Bank LimitedBelfastUlster Bank Limited WatermarkUlster Bank Limited Watermarked PaperMaritime VignetteIndustrial VignetteCharles Skipper and East LimitedCharles Skipper and East Limited LondonLondon Security PrinterBanknote PrintingSecurity PrintingEngraved ProofPrivate Banknote ProductionProof-stage MaterialUncut Sheet FormatSpecimen Perforation ProductionPick UnlistedPick 306p Design FamilyIrish Banking HistoryNorthern Ireland Banking HistoryPrivate Banknote TraditionCommercial Banknote IssueIrish Financial HistoryEarly Twentieth Century Paper Money1929-1934 IssueHistoryIrelandIreland - Northern19291934Pick UnlistedPick 306pUngradedR9 Extremely RareMuseum Grade
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