Beautifully preserved 20 mark 1940 Lodz Ghetto banknote, exceptional, unprecedented state of preservation for this rare watermarked variety.
Fracture arrangement analogous to the issued 10 marks with watermark. Vertical fracture at the right margin (here about 2.5 cm from), and light central fracture. Horizontal overstretching. A few calluses. Visual presentation excellent, virtually uncirculated art.
A rare and sought-after denomination, printed on paper with watermarked interlocking bands. Numerator type 1 with one dash under the "o" in No and as in all known pieces of this variety (with watermark) we have the numbering printed in orange. The number sequence starting with 04XXXX , that is, this is an early printing of this denomination.
According to our opinion, two different colors of ink were not used when printing the numbering, the influence on the different color of the numerator over time was probably due to the paper used for printing itself, in the case of the 20 mark 1940 denomination, where we have paper with a watermark and then we have the numbering on it in orange, and on paper without a watermark we have the numbering in red.
From our observations of the listing of this variety, we noticed that orange numbering occurs in the initial printing of this bill and on watermarked paper up to a certain number sequence in the numbering, where after that we only have printing with numbering in red but already on plain paper without a watermark.
