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In 1960, Saint Pierre and Miquelon adopted the new franc, with 50 old francs = 1 new franc. Local banknotes were used until 1965, when the islands began using French currency along with Canadian currency. The islands continue to use both French and Canadian currencies, with the euro replacing the franc in 2002.
In January 1960 the French franc was revalued, with 100 existing francs making one nouveau franc. [16] The abbreviation "NF" was used on the 1958 design banknotes until 1963. Old one- and two-franc coins continued to circulate as new centimes (no new centimes were minted for the first two years). The one-centime coin never circulated widely.
Coin collectors, or numismatists, know the value of many coins and understand that the better shape a coin is in, the higher resale value it will have. ... 5 Coins From the 1960s That Are Worth a ...
By the end of the 18th century, the term “franc” was reintroduced and a new law defined the composition of coins. Under that law, the franc coin would contain 4.5 grams of silver and 0.5 of ...
In 1966, silver 100 franc coins were introduced. These were followed by nickel 10 and 20 francs in 1967, nickel-brass 1, 2 and 5 francs in 1970 and nickel 50 francs in 1972. Only the nickel coins (10, 20, and 50 francs) were the same size, composition, and obverse as the corresponding French Polynesian and New Caledonian coins.
The new franc of 1960 renewed honor to Dupré by the striking of silver commemorative coins of 10 francs (1965–1973) and 50 francs (1974–1977). In 1996 the Fifth Republic also honored him by issuing a 5 franc commemorative coin.
In 1946, cupronickel 10 francs were introduced, followed by 20 francs in 1947, a coin to which there was no corresponding French coin. In 1950, aluminium-bronze 10, 20 and 50 francs and cupro-nickel 100 francs were issued, with the size of the 100 francs reduced to match the French coin in 1956. When the franc was revalued in 1960, Monaco ...
The franc was introduced following France's recovery of the Islands from the U.K. in 1816. It replaced the livre.The French franc circulated, alongside banknotes issued specifically for French Guiana between 1848 and 1961 and notes issued for Guadeloupe, French Guiana and Martinique (collectively referred to as the French Antilles) between 1961 and 1975.