Nilaish Paper Money Collection

Nilaish Paper Money Collection

Thursday, December 6, 2012

Banknote from French Revolution of 1789

This banknote was issued in 1792 in the new regime following French Revolution of 1789. 

The above banknote of 25 Sols. (1 Livre = 1 pound = 20 Sols.) having serial number 553e was issued on 4th January 1792 when Louis XVI was in prison prior to his execution (BBC 2012). These notes were Assignat (Assigned) issues and had denominations 15 Sols., 25 Sols. and 50 Sols.  This was the era when people in the French Bourgeois Society were not safe, as this period is regarded as reign of terror. This paper money represents the social shock by depicting the 'watching eye' with National Message in French, which when translated mean, 'The nation rewards the informer'.  A very interesting banknote for knowing about the impact of French Revolution on the economy. I find this area very interesting to collect and to learn about the historical context of the notes.   



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