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25 Francs

Issuer Caisse d'Échange, Orléans
Year 1801-1802
Type Standard circulation banknote
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Obverse description The obverse is framed by a decorative guilloche border with the denomination numeral '25' repeated in the upper corners. At upper left, a small oval vignette contains an allegorical figure. The heading 'Caisse d'Echange' is set in large letterpress type, followed by the address 'Rue du Colombier, No. 12, à ORLÉANS.' The body text, in a cursive hand-printed style, certifies the payment of 'Vingt-Cinq Francs' in copper coinage redeemable on demand, with manuscript date, handwritten signatures, and the notation 'Entré en Caisse' at right. At the lower left, 'Série A.' and a manuscript serial number are present.
Obverse lettering Caisse d'Echange
Rue du Colombier, No. 12, à ORLÉANS.
Il a été versé Vingt-Cinq Francs à la Caisse d'Echange, en monnoie de Cuivre, qui seront remis au Porteur de vue. — Orléans, le
No. Moyennant la bonification de la différence, le Porteur recevra en Argent ou en Papier sur Paris.
Entré en Caisse
Série A.
No.
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Comments

The Caisse d'Échange was one of several short-lived regional exchange institutions that emerged in France during the Consulate period, filling a credit vacuum left by the collapse of assignats and the not-yet-consolidated Banque de France. Orléans, as a significant Loire Valley commercial hub, had genuine need for local paper instruments — the national banking infrastructure had not yet reached provincial merchants in any practical way.

These caisses were abolished or absorbed within a few years as the Banque de France extended its reach. The narrow window of operation — roughly 1801 to 1802 — means surviving notes reflect almost no extended circulation history.

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