Numizon is pleased to present to you in the catalog a very rare copy of the 100 francs type 1848 "Définitif transposé" (Ref: Fayette-Dessal: # A25.4 or Pick: # 45b). The banknote is a beautiful VF grade numbered "58U-184". It is currently the only known copy for the year 1859. Twelve copies are known for the Type, if we stick to the inventory of rare notes of Claude Fayette.
This note is created on February 7, 1856. The bill is printed in black monochrome on the front on a very fragile special paper. The reverse side reproduces the identical inverted vignette. The graphic structure is taken from the 500 francs type 1817 but the format has been reduced (Dimensions: 180L x 110H mm). The banknote was designed by Charles Normand and engraved by André Galle. The date is printed in black in the center under the label "BANQUE DE FRANCE". Two medallions in white and black in white contain Article 139 of the Penal Code. The letters "Banque de France" calligraphed on the heel on the left are cut on board lost. The note features three signatures with the Principal Cashier, the Controller and the SECRETARY-GENERAL. There are three variants of these signatures:
- Signatures # 1: De Crousaz-Cretet / Doisy (or delegates) / Ville, for the year 1856 (alphabet 1 to 28).
- Signatures # 2: Antonetti / Doisy (or delegates) / Marsaud, for the year 1857 (alphabet 29 to 32).
- Signatures # 3: Soleil / Chazal (or delegates) / Marsaud, for the years 1858 to 1861 (alphabet 33 to 100).
Note that the 100 francs type 1848 "Définitif transposé" is strictly identical to the 100 francs Type 1848 "Definitif" note (Ref: Fayette-Dessal: # A24 or Pick: # 45a) with two notable differences: the letter of the alphabet is positioned this time after the number and signatures to the claw are in blue color but the handwritten signature of the Controller remains in black.
The signatures of 100 francs type 1848 "Définitif":
The signatures of 100 francs type 1848 "Définitif transposé":
Only the alphabet is printed mechanically! So Alphabet and number or number and alphabet ... the small nuances of the 100 francs type 1848:
The note is watermarked in the paper: "100-F. BANQUE DE FRANCE ".
Between 1848 and 1863, the Banque of France printed 6,550,000 copies of the 100 francs type 1848, namely:
2,500,000: 1848 classical alphabet = letter.number (Ref: #F.A24)
2,500,000: 1856 inverted alphabet = letter number (Ref: #F.A25)
625,000: 1861 = capital letter. Lowercase letter (Ref: #F.A26)
925,000: 1861 = lowercase.number (Ref: #F.A27)
Back on rare past sales:
- In 2003 at cgb.fr, during the sale of the Mattéi collection, Papier-Money # 3: the copy "66A but without number" (lot # p03_0001) in the aUNC grade realizes the price of € 4,707.00 (without selling fees).
- In 2004 at cgb.fr, catalog Banknotes # 37, page 25: the note "26E-922" (lot # b37_0072) in F grade realizes the price of € 2,800.00 (fixed price).
- In 2005 at cgb.fr, during the sale of the Léon Pernoud and miscellaneous collection, Papier-Money # 7: the bill "3J-832" (lot # p07_0021) in VG grade realizes the price of € 4,400.00 (without selling fees).
- In 2014 at Millon, during the numismatic sale of October 9 (lot # 56) with the following comment: exceptional counterfeit of the 100 francs type 1848 (Fayette #A25) dated October 2, 1856 - Alphabet 25 U Number 996with 2 stamps fake on the front and a stamp of the box of recipes on the back (April 1860). The banknote in F/VF grade realizes the price of € 2,200.00 (without selling fees).
- In 2016 at cgb.fr, during the Live auction e-banknotes of January: the copy "16R-891" (lot # 4050001) in VF grade achieves the extraordinary price of € 12,500.00 (without selling fees).
Note: baron Henry Frédéric Louis de Crousaz-Crétet(1773-1861) was Chief Cashier of the Bank of France from 1818 to 1857. His signature is incorrect in some catalogs of reference or on some websites of sale (de Groussas-Cretet) ! Remember to correct ...
It should be noted that some banknotes are signed "GALLE F." whose bill above and others not (16N-993, 16R-328, 16R-891 and 3J-832 for example). And why a signature "GALLE F." while it is about the engraver André Galle (died in 1844). Does the "F." mean "Fecit"? It's a mystery ? Thank you in advance to all the collectors that could enlighten us on this point.