1 - NUMISMATIQUE - MONNAIES - COINS
- French Numismatic -
Translated by Michael E. Ontko, Vice President of the Greater Orange County Coin Club - U.S.A
4- The Germinal Franc
On April 7, 1795 (18 Germinal, l'an III de la République), the National Convention decreed the establishment of a decimal monetary system. This system was called the Franc Germinal.
On August 15 (28 Thermidor, l'an III) a new decree fixed the size of the new coins. The unified denomination would be the FRANC, composed of 100 centimes. Coins of 1, 2, 5 and 10 centimes, 1, 2 and 5 décimes were to be issued, as well as ¼, ½, 1, 2 and 5 franc coins. The decree also fixed the weight, diameter, composition and design of each coin.
On October 20, 1799 (29 Vendémaire, l'an VII), another decree established the use of FRANC in payments and accounts, and demonetized the royal coinages of copper, billon and bell metal. The old silver and gold coins were still permitted.
On May 6, 1799 (17 Florial, l'an VII), accounting in FRANC was made obligatory.
It was not until 1803 (year XI) that the first one FRANC coins were issued, although lower value decimal coins were issued in 1796 (year IV).
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