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25 Francs Mandat Territorial

Issuer Trésorerie Nationale
Year 4 (1796)
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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.

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