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Stack's Bowers & Ponterio
April 2022 Valkenburg Auction  28 Apr 2022
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Lot 30021

Starting price: 1800 USD
Price realized: 2000 USD
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BELGIUM. Societe Generale de Belgique. 20 Francs, 1915-18. P-89. German Occupation WWI. PMG Gem Uncirculated 65 EPQ.
Watermark of wavy lines. Dated 1-2-15. A WWI German Occupation of Belgium note, which has just past its centennial. The portrait at left is of Peter Paul Rubens. Scarce, and the finest example we have had the pleasure of handling in our lengthy auction history. PMG Pop 2/1 Finer.

Estimate: $3000 - $5000
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