French Revolution Money 1793 Historical Banknote Collectible
This French Revolution Money 1793 historical banknote collectible is listed in the Antiques category. The item condition is not provided, so check the listing for details. Please review the photos and description in the listing to confirm authenticity, completeness, and any signs of wear or restoration. Price is 29.99 USD. Free Shipping is included; check the listing for the shipping carrier, handling time, and any delivery restrictions that may apply.
| Location | Kansas City, Missouri US |
| Shipping | Free shipping (check listing for details) |
| Seller |
antiqueparchments
99.5% positive · 8468 feedback
|
| Listing | FixedPrice · Active |
| Return shipping will be paid by | Seller |
| All returns accepted | Returns Accepted |
| Item must be returned within | 60 Days |
| Refund will be given as | Money back or replacement (buyer's choice) |
PRICE PER SINGLE BANK NOTE. Assignat, paper bill issued in France as currency from 1789 to 1796, during the French Revolution. In December 1789, to pay its immediate debts, the National Assembly issued the assignat as a bond bearing 5 percent interest, with the recently nationalized church lands as security. By September 1790 the Assembly made the assignat into a paper currency. The initial effect of the paper currency was beneficial, stimulating economic growth and eliminating a money shortage. But a deep public distrust of paper money and the fear that the currency would be worthless if the uncertain Revolutionary regime collapsed soon caused the assignat to depreciate.The outbreak of war with the other European powers in 1792 caused a further decline in the value of the assignat. In 1796 the assignats were replaced by the mandats territoraux (land warrants) at the rate of one mandat for 30 assignats. The failure of the mandat to gain public confidence forced the Directory to return to a metallic currency (February 4, 1797). Stamped and watermarked. Watermarked. Size: 3.5" x 3" See other items.

