Catalog
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| Issuer | French Republic (Assignats) |
|---|---|
| Year | 1795 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Franc (1795-1959) |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | Log in to see details |
| Signature(s) | Log in to see details |
| Protection type | Watermark |
| Protection description | Watermark reading 10000, RÉPUBLIQUE FRANÇAISE, and Liberté ou la mort |
| Variants | Log in to see details |
| Comments |
The assignat program, launched in 1789 as a bridge solution backed by confiscated Church and émigré property, had by 1795 collapsed into one of history's more instructive hyperinflationary disasters. This 10,000-franc denomination — unthinkable in the early Revolutionary years when assignats circulated as modest land-backed certificates — exists precisely because earlier issues had been printed in such volumes that face values had to keep escalating to keep pace with purchasing-power destruction. By early 1796 the entire assignat system was formally abolished, with outstanding paper worth fractions of a percent of face value.
Counterfeiting was a persistent and politically weaponized problem throughout the series; Britain ran organized forgery operations as deliberate economic warfare.