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80 Livres Assignat

Issuer Caisse de l'Extraordinaire, France
Year 1790
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Designer(s) Designers: Nicolas-Marie Gatteaux, Pierre-Joseph Lorthior
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Obverse lettering Assignat de la création du 29 septembre 1790. DOMAINES NATIONAUX Hypothéqué au remboursement des assignats par le décret de l'Assemblée Nationale des 16 et 17 Avril 1790, sanctionnée par le Roi. Assignat de quatre-vingts liv. Il sera payé au Porteur la somme de quatre-vingts livres à la Caisse de l'Extraordinaire, conformément aux décrets des 16 et 17 Avril et 29 Septembre 1790. Quatre-vingt 80 La Loi et Le Roi GATTEAUX Quatre-vingts livres
(Translation: Assignat created 29th September 1790 National Domains Mortgaged for the reimbursement of Assignats by the decrees of the National Assembly of the 16th and 17th April and 29th of September 1790, sanctioned by the King. Assignat for eighty livres. The bearer will be paid the sum of eighty livres at the Caisse de l'Extraordinaire in conformity with the decrees of the 16th and 17th April, 29th September 1790.)
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Comments

The 80 livres denomination is an oddity within the assignat series — most face values clustered around more conventional amounts, and this one was issued under the Caisse de l'Extraordinaire, the short-lived body established to manage the nationalized ecclesiastical properties that backed the early assignats. The theoretical collateral was confiscated Church land, a mechanism that worked credibly only in the first months before overissuance began eroding public confidence.

Gatteaux was a medallist by training, and his involvement in the assignat designs reflects the Revolutionary government's early attempt to give the notes an engraved, authoritative character — a deliberate contrast with the cruder emergency issues that would follow as the decade wore on.

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