Effets de Commerce - 1928 Arms Issue - 5 Fr pays tax on a Promissory Note in 1930

 

Promissory Note

4,200 Gold Francs (G. F. Fr. 4200)

Niederkerschen

5 June 1930


5-Franc 
Effets de Commerce Tax Stamp

Stamp range: 4000 Fr - 5000 Fr

 

 

 

On reverse:

 

 

The text mentions a Grand-Ducal decree from August 27, 1926, stabilizing the debt currency against the British Pound Sterling in gold (175 Francs per Pound Sterling) to safeguard the value against inflation or exchange rate fluctuations.