Important French Colonial 1735 Card MoneyFrench Colonial Issue 24 Livres 1735 Card Money.
In 1729 due to a coin shortage new card money was issued with the blessing of the King. This time it was hand-written on plain white cardboard. The card money was redeemable in bills of exchange which were to be redeemed in silver coin in France. Each denomination had its own shape due to clipping and the higher denominations were signed by the governor and the intendant, while the smaller denominations were initialed by these two. Also, two official seals were impressed into the card. In this case they are the seals of France and Navarre. The program succeeded at first, but deteriorated through the years for various reasons. The last issue was in 1757 and after the fall of New France the card money was redeemed at one-fourth of its face value. This About Uncirculated 24 livres note measures approximately 3 1/2 by 2 1/4 inches. It was once mounted and it also shows corner rounding and aging, but it is a wonderful example of a rarely encountered area of numismatics. Recently a 24 livres 1735 note was stolen from the Chateau de Ramezay Museum in Montreal. We have a photocopy of that note on file and it is different in many respects from the note being offered in this lot. The last reported auction of an example of card money was of a 15 sols 1757 piece in February 1998 for $15,400 Canadian. This item should surely surpass that mark.
Estimate: $15,000 - $25,000.
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