France 1924 2 francs
This specimen is a slightly better date of a series struck 1920-27 during the Third Republic. This type, known as "Chambres de Commerce," superseded the "Semeuse" design of 1898-1920. It was demonetized in 1949. The "Chambres de Commerce" also appeared on contemporary fifty centimes and one franc coins. Altho issued by the Paris mint, technically this type is not a coin but a token issued by the national Chamber of Commerce, not the government. This enabled the politicians to postpone acknowledging the obvious, that the inflation of World War One had reduced the value of the franc to one-fifth of its former level and there was no going back. Finally, president Poincaré officially devalued the French franc and ordered the issue of new coin types. The dates 1921-25 are common, 1920 and 1926 are scarce and 1927 is rare.
Recorded mintage: 29,931,000.
Specification: 8 g, aluminum bronze, 27 mm diameter, reeded edge, copied from a 19th century medal designed by François Domard (1792-1858).
Catalog reference: F.267/9, KM 877.
- Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1901-2000, 42nd ed., Iola, WI: Krause Publications, 2014.
- Prieur, Michel, and Laurent Schmitt, Le Franc 10: Les Monnaies, Paris: Éditions les Chevau-légers, 2014.