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French Assignat May 1793 [204460]

Currency:USD Category:Coins & Paper Money Start Price:10.00 USD Estimated At:60.00 - 100.00 USD
French Assignat May 1793 [204460]
SOLD
30.00USDto b******0+ buyer's premium (7.50)
This item SOLD at 2025 Dec 05 @ 09:18UTC-08:00 : PST/AKDT
FINAL AUCTION RECORD The Auctioneer’s podium notes serve as the final, legally binding record of the auction results, superseding any electronic bidding records. See Terms and Conditions
A French Assignat from May 1793 was a paper bond issued during the French Revolution, intended to be backed by confiscated national lands, which were to be sold to the public in exchange for these notes. By 1793, the Assignat's value was rapidly depreciating, partly due to its large circulation, the economic instability of the war, and public distrust, leading the government to eventually try to stabilize the currency and later destroy the plates. 3 1/2 x 3 inches.
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Country (if not USA): France
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