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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)

Despite the adoption of the final design concept, refinement remains ongoing. The tonal balance, structural integration of the vignette, and relationship between central imagery and surrounding ornamental framework have not yet reached the precision observed in later proofs. The composition appears less tightly resolved, with a softer integration of guilloche elements and slightly less defined hierarchy between foreground and background components. 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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