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10 Francs

Issuer Banque de France
Year 1946
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Size 120 x 77 mm
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Reverse description Printed in steel-blue, the reverse centres on an octagonal frame enclosing an intaglio classical male portrait in profile, surrounded by elaborate scrollwork and foliate lathe-work patterns filling the lateral panels, each incorporating the interlaced cursive monogram BdF in large script. BANQUE DE FRANCE is set across the top margin, with the numeral 10 at each corner, while two small letterpress legal-warning text panels occupy the lower left and lower right.
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Protection description Watermarked cotton paper consistent with standard Banque de France production of the period.
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Comments

The Banque de France resumed normal domestic note production in 1945–46 after years of wartime disruption, German occupation, and the parallel currency chaos that followed Liberation. This 10 Francs type — printed entirely in-house at the Bank's own workshops on the Rue de la Vrillière — belongs to that transitional moment when the institution was reasserting control over a currency badly eroded by occupation-era inflation and the competing Allies Military Currency issues.

Pick 126A is among the shorter-lived types in the postwar French series. The 10-franc denomination itself was rendered increasingly marginal by inflation within a few years, eventually eliminated in the broader monetary reforms of the early 1950s.

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