1793- Assignat signed by Meyraus 125 Livres - French Revolution Paper Money

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Seller: planet-auctions (830) 100%, Location: Europe, Ships to: Worldwide, Item: 142025942465 1793 French Revolution Paper MoneyAssignat of 125 LivresSeries 477, Nº 191Printed signature of MEYRAUS On watermark paper with blind stamp of Liberté (Liberty) Dimensions: about 10,5 x 16,5 cm Printing: Started with decree of 28th September 1793. Ended 1794. Condition: Good condition despite small loss of paper at upper right corner touching image, signs of use. Please see photo.The history of Assignats:"Assignats were paper money issued by the National Assembly in France from 1789 to 1796, during the French Revolution. The 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. These church lands became known as "biens nationaux" (state goods). Assignats were used to successfully retire a significant portion of the national debt as they were accepted as legitimate payment by domestic and international creditors. Certain precautions not taken concerning their excessive reissue and comingling with general currency in circulation caused hyperinflation..." From Wikipedi Origin: European, Year Printed: 1793

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