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10 Livres Banque Royale
| Issuer | Banque Royale |
|---|---|
| Year | 1720 |
| Type | Log in to see details |
| Value | 10 Livres (10 LT) |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The reverse shows the obverse text bleeding through the thin paper, visible in mirror image. A circular dry-stamp impression of the Banque Royale is applied centrally, serving as the primary authentication device on this otherwise plain white surface. |
| Reverse lettering | Log in to see details |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Circular dry-stamp (embossed seal) of the Banque Royale applied to the reverse of the note. |
| Variants | Log in to see details |
| Comments |
The Banque Royale was John Law's rebranded vehicle after the Regent Philippe d'Orléans nationalized his original Banque Générale in 1718. By early 1720, Law's Mississippi Company scheme was already unraveling — overissue of notes against wildly inflated share prices had created an inflationary spiral the bank could not control. Notes of this type were being printed in volumes that bore no relationship to any underlying reserve, and Law himself was forced to flee France by December of that year.
The dry stamp was the primary authentication device, applied post-printing to validate individual notes — a thin defense given the institutional chaos surrounding issuance.