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3 Euros - Fayence

Issuer Commune de Fayence
Year 1997
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Value 3 Euros (3 EUR)
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Obverse script Latin
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Reverse description Central field depicts a sleek glider in flight viewed from a low angle, soaring above a stylized panoramic view of the town of Fayence with its rooftops and church towers rendered in fine line relief. The numeral 3 and the denomination legend EURO appear prominently in the upper field. Twelve five-pointed stars arranged in a arc border the upper periphery, referencing the European Union. The date inscription du 18 7 au 18 8 1997 and the issuer legend de FAYENCE are integrated into the lower field around the townscape.
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Additional information

Fayence is a hill village in the Var département that, like hundreds of French communes in the 1990s, issued local emergency-style scrip currency under the cover of "tourist tokens" — a legal workaround that sidestepped Banque de France restrictions on private monetary issuance. The 3-euro denomination placed it squarely in the pre-euro speculation frenzy of 1997, when municipalities across France raced to issue eurozone-themed pieces before the single currency made the gesture redundant.

Most were redeemable at local merchants for a single season, then quietly discontinued.

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