Catalog
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| Issuer | Trésorerie Nationale |
|---|---|
| Year | 4 (1796) |
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| In circulation to | Yes |
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| Obverse description | Unadorned horizontal format with typeset and script lettering throughout. A small circular vignette at the lower right contains a seated allegorical female figure in a neoclassical composition, inscribed NATIONALE. The upper left panel bears the Trésorerie Nationale heading, a manuscript serial number, and the control notation Vu au Contrôle, separated from the main text area by a ruled border. Two manuscript signatures appear in the lower portion of the note, one at lower left and one at centre. |
|---|---|
| Obverse lettering | Trésorerie Nationale Vu au Contrôle Promesse de mandat territorial Créé par la Loi du 28. Ventôse An 4ème de la République Bon pour vingt cinq Francs NATIONALE |
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| Comments |
The Mandats Territoriaux were launched in March 1796 as a direct replacement for the collapsed Assignats, backed by nationalized lands seized from the Church and the aristocracy. The experiment failed almost immediately — within weeks of issue, Mandats were trading at a fraction of face value, and by February 1797 they were formally demonetized, giving the series an active lifespan of under a year.
The 25 Francs denomination circulated in a period of extreme monetary chaos, and most examples absorbed heavy use before the currency's rapid collapse. Surviving notes frequently show the manuscript cancellations applied during demonetization.