Main Page
Special Offers
Notes that made history
Pricelist
Orderform
Find Us
Cards
VAT REG. # 118 5158 71 GB

Colin Narbeth & Son Ltd.

  FRENCH REVOLUTION  
A JOHN LAW note for 100 Livres dated 1720. P.AI7b GoodVF
Guillotines were cutting up millions of livres of assignat paper money as well as peoples heads in the French Revolution. The resultant inflation has left behind masses of paper money still at affordable prices for collectors. See French Revolution Issues for prices

By 1795 the French had gone from Livre denominations to Francs There is one very rare Franc note - the 750 Francs of 7.1.1795 P.A79 which we offer at £450. It has a centre crease and age foxing. but otherwise has very wide margins and is about extremely fine £450.

No collection of the French Revolution is complete without an example of a John Law Note, He is the man who thought of the idea of the "assignat' which was rejected by the Scots when he advanced it to Scotland's authori-ties .There he killed a man in a duel, was sentenced to death for it, escaped to France and met the Prince Regent in a gambling den The Prince was so im-pressed with Law's Enancial genius that he hired him to solve the enancial problems of France. Although never adopted in his lifetime, some 70 years af-ter his death the French revolutionaries read his tract "Money and Trade Con-sidered" regarding assignats (basically assigning the value of notes to land and property). As they had just confiscated the churches property it seemed a good idea But they over-issued and caused inflation.

John Law's audacious schemes on the stockmarket made bootblacks into millionaires - in fact the word "millionarie" came into use as a result of Ibis share manipulations. But his schemes collapsed and he had to flee from France.

 



[ Main Page :|: Special Offers :|: Notes that made history ]
[ Online Pricelist :|: Order Form :|: Find Us ]


© MM Colin Narbeth.
Webmaster : Greg Colley.