• Belgium 20 Francs 1943 P-111 VF – front and back
  • Extreme Banknotes – worldwide shipping, new items listed daily, banknote experts, huge inventory; US orders shipped DDP with duties prepaid
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Extreme Banknotes

Belgium 20 Francs 1943 P-111 VF

Belgium 20 Francs 1943 P-111 VF

6.600 HUF
6.600 HUF
Sale Sold out
Tax included.
⚡ Extreme Index 5.6/ 10

Issued in German-occupied Belgium during WWII.

Our collector score for history, scarcity, curiosity, age & condition — see the breakdown in the description. Not a valuation.
🇺🇸 US customers: every order to the United States ships DDP (Delivered Duty Paid). Customs duties and import taxes are prepaid by us, so there are no extra fees or delays on delivery.

A circulated Belgium 20 Francs from 1943.


⚡ Extreme Index: 5.6 / 10
Why it’s extreme: Issued in German-occupied Belgium during WWII.

  • History & drama (30%): 6.5/10
  • Scarcity (25%): 3.8/10 (Numista rarity index 22/100)
  • Wow factor (20%): 5/10
  • Age (15%): 7/10
  • Condition (10%): 6/10

The Extreme Index is Extreme Banknotes’ own collector score based on history, scarcity, curiosity, age and condition — it is not a valuation or investment rating.


📦 Included Banknote(s):

  1. 1943 Belgium 20 Francs (P-111)


📖 History and Significance:
Issued by the National Bank of Belgium in 1940–1947, spanning the German occupation. Signatures: H. Sontag and A. Goffin.


🎨 Design Details:
The obverse shows King Albert I and Queen Elisabeth. The reverse shows a Brussels square. Watermark: King Leopold III.


🔍 Numismatic Features:

  • Size: 135 × 80 mm
  • Material: Paper
  • Type: Standard Circulation Banknote
  • Currency: Belgian Franc (1832–2001)
  • Country: Belgium
  • Issuing Authority: National Bank of Belgium


✅ Condition Guide:
VF (Very Fine). Shows clear signs of circulation, such as several folds, minor edge wear and some loss of crispness, while remaining fully intact with clear design details.

🛡️ Why Shop with Us?

100% Guaranteed Authenticity: Every single note is individually verified by our banknote experts.

Secure Shipping: Shipped securely and flat in archival-safe protective sleeves and hard cardboard envelope to avoid any transit bending.

Tracked Premium Dispatch: Dispatched fast from Hungary, using Spring GDS, a worldwide trusted Dutch postal service, with a full door-to-door international tracking.

⭐ Customer Reviews (Etsy)

4.8 / 5 stars from 189 reviews and 697 sales on our Etsy shop.

⭐⭐⭐⭐⭐ "Love my order! Thank you for the quick shipping from so far away. You are a wonderful seller!" – Sharon, Sep 2026

⭐⭐⭐⭐⭐ "Was uncirculated as described. Would like to do business with you again." – Joseph, Sep 2026

⭐⭐⭐⭐⭐ "Beautiful set, perfect UNC as described. Nice and colourful." – Róbert, Sep 2026

⭐⭐⭐⭐⭐ "Pretty good shape for a note from that period." – Joseph, Sep 2026

⭐⭐⭐⭐⭐ "Every thing is good as mentioned keep shopping here." – Gurvinder, Sep 2026

⭐⭐⭐⭐⭐ "Thank you, order as described!" – Shawn, Aug 2026

Read all our reviews on Etsy →

📜 Shop Policies & Disclaimers

Products: All items sold by us are vintage, numismatic collectibles for historical study, collecting and display. They are not sold as current legal tender for circulation, nor do they constitute financial investments or investment instruments.

Authenticity Guarantee: Unless explicitly stated otherwise in the listing title or description:

  • All banknotes are guaranteed to be 100% genuine and authentic.
  • PMG-graded notes are third-party authenticated and graded by Paper Money Guaranty (PMG).
  • Raw (ungraded) notes are meticulously inspected and authenticated by our in-house numismatic experts.
  • Any replica, reproduction, or novelty item will always be clearly and prominently labeled.

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  • Slight color variations may occur due to studio lighting, camera settings, or individual screen displays.

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  • Return shipping arrangements (including prepaid labels, if applicable under policies) will be clearly communicated at the time of the return request.

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