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- French Numismatic -
Translated by Michael E. Ontko, Vice President of the Greater Orange County Coin Club - U.S.A
5- The Franc in the world Bonaparte, who became the emperor Napoleon, annexed or "protected" most of his neighbors (Geneva, Westphalia, north Italy, the Low Countries, etc...) and introduced the French system in each one, where the main coin became "Frang","Franco", "Frank" or "Franc" as appropriate. P. of Lucca and Piombino The need to unify monetary systems became the subject of an international convention, signed on December 23, 1865, by Belgium, France, Italy and Switzerland. This convention took the name of the Latin Union. In 1868, Greece signed the convention, which required each country to allow the free circulation of each others coins, provided that they were of the same weight and fineness (thus, one lire = one franc).
The influence of the Latin Union spread, and many non-signing countries issued coins that conformed to it : Albania, Austria, Hungary, Dominican Republic, etc... French colony - Madagascar Of course, the Belgian and French colonies were obliged to adopt the Franc : West Africa, Algeria, Morocco, Tunisia, Cameroons, Congo, Burundi, Rwanda, Togo, Martinique, Guadeloupe, New Caledonia, New Hebrides, etc... Malagasy Republic Although most of the former colonies are now independent, one still finds Francs in use there (Ivory Coast, Benin, Burkina Faso, Mauritania, Niger, Senegal,Togo, Cameroons, Guinea, etc...).
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