Second BEST GRADE Beautiful Gem Uncirculated example of the Romanian 20 Lei 1945, issued during the final year of the Kingdom of Romania before the monetary reforms of the post-war period. This type belongs to the last royal banknote series and represents an important historical transition in Romanian currency. Graded PMG 66 EPQ, confirming exceptional paper quality and fully original surfaces. The note shows excellent preservation, strong colors and attractive eye appeal. High-grade original examples are increasingly difficult to obtain, as many surviving notes have been pressed or cleaned over time. A desirable certified piece for collectors of Romanian monarchy banknotes, World War II era issues and high-grade European paper money. Highlights: • Last royal era issue (King Michael I period) • Gem Uncirculated 66 EPQ — original paper quality • Popular registry and type-set collectible • Strong eye appeal and crisp preservation • Excellent addition to advanced Romanian collections A premium quality survivor from an important historical moment in Romanian monetary history.