10 Francs

The French Treasury issued this note as part of the Allied Military Currency framework — though unlike the AMC notes printed for American or British forces, this series was produced domestically by the Banque de France for French military and treasury use in the immediate postwar period. Ernest Deloche and Pierre Munier were established Banque de France engravers working within the institution's own intaglio tradition, which gives this small-format treasury note a technical quality that distinguishes it from the Allied-issue scrip printed abroad.

The 1947 date places it in the thick of France's postwar monetary instability, before the Pinay stabilization efforts of the early 1950s.