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125 Livres Assignat
| Issuer | République Française (French Revolutionary Government) |
|---|---|
| Year | 1793 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Paper |
| 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 | Log in to see details |
| Reverse lettering | Log in to see details |
| Signature(s) | Log in to see details |
| Protection type | Watermark |
| Protection description | Watermark consisting of the numeral 125 surmounted by a Phrygian cap, incorporated into the paper stock. |
| Variants | Log in to see details |
| Comments |
The 125 livres denomination was one of the more unusual face values in the assignat series — an awkward figure that reflects the Revolutionary government's repeated, increasingly desperate attempts to recalibrate the currency against accelerating inflation. By 1793, assignat production was running well ahead of any realistic asset backing, the original premise of land-secured paper money having collapsed under the pressure of war finance and émigré property disputes.
Gatteaux, a medallist by training, contributed designs to several assignat denominations. The watermark was among the few meaningful anti-counterfeiting measures available; forged assignats — including those produced in Britain as deliberate economic warfare — were a serious and documented problem throughout the period.