Belgium 1932 20 franken

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Jean Elsen list 269, lot 750
Belgium JElsen 269-750r.jpg
This specimen was lot 750 in Jean Elsen list 269 (Brussels, July-August 2014), where it was offered for €50 (about US$68). The catalog description[1] noted,
"BELGIQUE, Royaume, Albert Ier (1909-1934), nickel 20 frank - 4 belga, 1932 NL, Pos. A. Très Beau à Superbe (kingdom of Belgium, Albert I (1909-34), nickel twenty francs or four belgas of 1932, position A. Very fine to extremely fine.)"
This type of 1931-32 is the first twenty francs since 1914. Despite the large mintage, it is not cheap. It was also struck at the Brussels mint with French legends (KM 101). As Belgium is about evenly divided between the two languages, that is the government's answer to local regionalism. King Albert was killed in a climbing accident in 1934. A rare variety (KM 101.2) exists with medal rotation.

Recorded mintage: 6,950,000 plus 5,472,000 with French legends (KM 101).

Specification: 20 g, nickel, 37 mm diameter.

Catalog reference: Dupriez, 2443; Bogaert, 2443A, Dav-56, KM 102 (Dutch legends).


  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1901-2000, 42nd ed., Iola, WI: Krause Publications, 2014.
  • [1]Elsen, Philippe, et al., Liste 269: Juillet-Septembre 2014, Brussels: Jean Elsen et ses Fils, S.A., 2014.

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