FRANCE**BANKNOTE**1 NOUVEAU FRANC OVERPRINT ON 100 FRANCS**UNOFFICIAL ISSUE*RARE

FRANCE**BANKNOTE**1 NOUVEAU FRANC OVERPRINT ON 100 FRANCS**UNOFFICIAL ISSUE*RARE (image 1/1)
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ON OFFER IS A GENUINE 100 FRANCS PRINTED BY THE BANQUE DE FRANCE IN EARLY 1950s BUT WITH AN UNOFFICIAL OVERPRINT. IT IS EXTREMELY UNCOMMUN N RARE. POST WAR INFLATION BROUGHT TOO MANY ZEROS TO THE FRANC N NEWLY REPLEBISCITED GENERAL DE GAULLE, TAKING OFFICE IN 1958, CHANGED THE CONSTITUTION AND THE CURRENCY. 100 FRANCS BECAME 1 NEW FRANCS. THE RECENTLY PRINTED NOTES FRON 1954 WERE: 500F VICTOR HUGO 1000F RICHELIEU 5000F HENRI IV 10000F BONAPARTE. THE BANQUE THEN MADE OFFICIAL OVERPRINTS OF 5 NEW FRANCS ON 500F 10NF ON 1000F ETC...(CIRCULATED VERY BRIEFLY N ALL VERY RARE AND COSTLY). THE SAME WAS APPLIED TO THE CURRENT BANKNOTES OF REMAINING COLONIES N PROTECTORATES (ALGERIA, MOROCCO N TUNISIA) AND ALSO TO OVERSEAS DEPATEMENTS OF ST PIERRE, GUADELOUPE, MARTINIQIE GUYANE AND REUNION ISLAND. SOON AFTER, NEW SETS SHOWING ONLY THE NEW VALUES IN NEW FRANCS APPEARED. HOWEVER, THIS CURRENCY REFORM WAS A NIGHTMARE FOR FRENCH PEOPLE WHO, UNTIL THE INTRODUCTION OF THE EURO IN 2002, WERE STILL SPEAKING IN 'OLD FRANCS', ESPECIALLY FOR AMOUNTS ABOVE 10 000 FRANCS (NEW FRANCS) . IT WAS COMMUN TO HEAR PEOPLE (OF ANY AGE) SAY: THIS SECOND HAND CARE IS 2 MILLIONS (SLANG: 2 BRIQUES, 2 PATATES ETC..) WHEN THE REAL AMOUNT WAS 20 000... SO, THIS REFORM WAS A BIG CONFUSION AND THERE WAS THE HUGE PROBLEM OF COINS WHICH WERE NOT OVERPRINTED BUT read more
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