FRANCE 1/15 ASSIGNAT / SOLS 1790 UNIQUE PICTORIAL BILL FRENCH MONEY NOTE

Description: WE SELL ONLY GUARANTEED GENUINE BANKNOTE AND COINS. FRANCE 1 Assignat of 15Sols banknote issued by the National Constituent Assembly in France during the French Revolution. These assignats were issued after the confiscation of church properties in 1790 because the government was bankrupt. The government thought that the financial problems could be solved by printing certificates representing the value of church properties. Originally meant as bonds, they evolved into a currency used as legal tender. Although it wasn't, you can describe it as massal speculation with bonds. As there was no control over the amount to be printed, the value of the assignats exceeded that of the confiscated properties. This caused massive hyperinflation. In the beginning of 1792, they had lost most of their nominal value. This hyperinflation was stirred up by repeating food shortages. Instead of solving the financial problems, the assignats became a catalyst for (food) riots. Instability continued after the abolition of the monarchy, exacerbated by the wars France faced. This situation impeded the implementation of good financial policies that would reduce debts. Bills such as the Maximum Price Act of 1793 aimed to regulate inflation. When the Directoire came into power in 1795 the Maximum Price Act was lifted. Hyperinflation reemerged and in the next four years Paris was the stage of yet more riots. The inflation was finally solved by Napoleon in 1803 by introducing the franc as the new currency. Very difficult to find such pictorial note and in this condition such early banknote.(France now uses Euro) These early issue note will appreciate in value once these are all gone. Be sure to add us to your favorites list ! Check out our other items ! Shipping & Handling charge: $5.99 for registered airmail recorded signed for delivery. We always combine S&H charges on multiple items purchased. First item shipping in full or whichever is higher, rest singles at 0.50 to $2 each for up to 25 items, when you buy more than 25 items singles are charged at 0.25 to $1.00 each in most cases depending on items value,size,weight and for sets, folders, uncut sheets, high value items, odd items different charges apply. Kindly check with us first before buying if you are not sure. All items will be shipped by registered mail which is safe but at your own risk,we will not be held responsible at all in anyway, however we can assist you with tracking no.and postal enquiry. Courier service available on request at an additional cost. Delivery Time: Shipping time usually takes between 21-58 business days, kindly be patient as international shipping time and local customs delays are beyond our control. Buyers or members from certain European Countries, Canada,Latin America may experience further delays due to aggressive local customs laws. Terms & Conditions: If you are not sure about any item whatever the reason may be ask us before buying we will be more than happy to assist you.You will receive all banknote with different prefix and or serial numbers and coins similar to one in the picture unless stated otherwise as we do not guarantee to ship same prefix and or serial numbers including coins/stamps as in the pictures but similar to one in the picture. Once you have committed to buy, any kind of excuses what so ever may it be will not be entertained and as a buyer you have to honour your obligation to pay promptly within 5 days, before we report to Ebay and file for NPB (non-paying bidder alert) and block you from future buying privileges unless you have made arrangement with us prior to your purchases. Due to recent changes in Ebay feedback policy any buyer giving negative feedback will be blocked from future buying without exception. Any kind of threatening messages and or remarks, black mailing will be reported immediately to Ebay Trust & Safety Department. Thank You! Your browser does not support JavaScript. To view this page, enable JavaScript if it is disabled or upgrade your browser.

Price: 29.99 USD

Location: TX

End Time: 2025-01-06T14:58:23.000Z

Shipping Cost: 5.99 USD