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1 franc 1944

Africa › Algeria
P-98a1944Banque de l'AlgerieAU
1 franc 1944 from Algeria, P-98a (1944) — image 1
1 franc 1944 from Algeria, P-98a (1944) — image 2

Market Prices

22 sales
Catalogue (2016)
VG$0.35
VF$1.5
F$9.52024-01-31(7 bids)
EF$4.252023-06-25(4 bids)
VF$6.82023-04-11(5 bids)
F$4.252022-08-17(7 bids)
F$1.252021-12-01(2 bids)
VF$5.52021-12-01(7 bids)
VF$72021-04-07(10 bids)
EF$6.952020-12-17(2 bids)
VF$11.052020-10-16(13 bids)
UNC$18.52020-08-09(1 bid)
F$6.32018-10-17(7 bids)
PMG 65$50.992018-09-24(10 bids)
VG$1.292018-06-21(3 bids)
F$5.752018-05-09(8 bids)
F$6.52018-04-21(8 bids)
EF$18.592017-10-07(10 bids)
VF$15.52017-05-04(9 bids)
VF$7.52017-05-04(7 bids)
EF$11.52017-05-04(12 bids)
EF$8.252015-05-28(7 bids)
F$92014-09-19(10 bids)
F$5.52014-06-16(7 bids)

About This Note

This 1944 Algerian 1 franc note from the Région Économique d'Algérie represents an important wartime currency issue during the period of Free French control in North Africa. The note displays excellent eye appeal with its distinctive agricultural motifs (wheat, grapes, and palm trees) rendered in crisp dark blue on cream-colored paper, and exhibits typical aging characteristics consistent with an 80-year-old banknote—visible creasing and yellowing—while maintaining strong legibility of all design elements and inscriptions. In AU condition, this example represents a well-preserved specimen of an economically interesting emergency currency issue.

Rarity

Common. Extensive eBay transaction data from 2014-2024 demonstrates consistent market activity across multiple condition grades (VG through UNC), with numerous sales in the $5-$15 range for AU/EF specimens and even lower values for circulated examples. The 2016 catalogue value of $1.50 for VF grade confirms this is not a scarce issue. Typical pricing patterns indicate healthy supply in the collector market without evidence of rarity constraints. The Pick catalog's single variant notation (P-98a, Series B) suggests standard production without scarcity-driving variety complexity.

Historical Context

Issued in January 1944 by the Région Économique d'Algérie under Free French administration, this note represents the currency needs of North Africa during the final year of World War II, prior to the planned transition to standard Banque de l'Algérie notes by March 1, 1949. The agricultural imagery—wheat, grapes, and palm trees—reflects the economic foundation of French Algeria and emphasizes the region's natural wealth and economic identity during the transitional post-liberation period. The deliberate prominently stated exchange deadline and treasury backing language underscore the provisional nature of this regional currency, designed to facilitate commerce in the three Algerian departments during the immediate postwar reorganization.

Design

This note features a classical French colonial design aesthetic appropriate to mid-20th century North African currency. The front showcases a symmetrical layout with the denomination 'UN FRANC' prominently displayed in a central dark banner flanked by allegorical representations of Algerian economic production: wheat sheaves and grape vines with fruit, symbolizing agriculture; palm trees representing the region's tropical resources. Four corners display ornamental leaf and floral emblems in a repeating pattern. Signature lines for the Vice President-Delegate, Treasurer, and Assistant Treasurer occupy positions flanking the central denomination, reinforcing the official tripartite authority structure. The back presents a more austere design with heraldic shields (crests) positioned in the four corners, a crown symbol at top center, and a repeating background text pattern of 'RÉGION ÉCONOMIQUE D'ALGÉRIE' serving as an anti-counterfeiting measure. A decorative cloud-like element separates the French and Arabic denominations ('un franc' and its Arabic equivalent). Geometric borders frame the entire design. The fine line work and ornamental borders throughout reflect the skilled lithographic work of the printer.

Inscriptions

FRONT SIDE: 'RÉGION ÉCONOMIQUE D'ALGÉRIE' (Economic Region of Algeria) | 'DÉLIBÉRATION DU JANVIER 1944' (Deliberation of January 1944) | 'UN FRANC' (One Franc) | 'le Vice Président-Délégué' (the Vice President-Delegate) | 'le Trésorier' (the Treasurer) | 'Trésorier-Adjoint' (Assistant Treasurer) | 'ÉCHANGEABLE CONTRE DES BILLETS DE LA BANQUE DE L'ALGÉRIE AUX CAISSES PUBLIQUES DES TROIS DÉPARTEMENTS ALGÉRIENS AVANT LE 1ER MARS 1949' (Exchangeable for Bank of Algeria notes at public cashiers of the three Algerian departments before March 1, 1949) | 'S.I.B N° 289,797' (Serial number) | 'IMP LA TYPO-LITHO 1 J. CARBONEL ALGER' (Printed by Typo-Litho 1 J. Carbonel, Algiers) | 'CH. HERVE' (Ch. Hervé, engraver/designer). BACK SIDE: 'un franc' (one franc) | 'RÉGION ÉCONOMIQUE D'ALGÉRIE' (Economic Region of Algeria—repeated as background security pattern) | 'CONTRE-VALEUR' (Counter-value/Exchange value) | 'DÉPOSÉE AU TRÉSOR' (Deposited with the Treasury) | Numeral '1'.

Printing Technique

Lithography (Typo-Litho process), executed by La Typo-Litho J. Carbonel in Algiers as credited on the note. The fine line patterns, ornamental borders, repeating background text elements, and the quality of the color registration visible in the preserved example demonstrate competent lithographic production typical of French wartime currency printing. The use of repeating background text as a security measure was a common anti-counterfeiting technique in the era.

Varieties

This specimen appears to be Pick-98a, Series B variant, as indicated by the PMG catalog designation for this Pick number. The serial number 'S.I.B N° 289,797' places it within the documented circulation series. No overprints, printer's marks beyond the standard Carbonel credit, or signature variations are apparent from the visual analysis that would indicate a more specialized variety. The standard January 1944 date and absence of any second-issue (2e Tranche) markings or related characteristics to P-101 confirm this as a first-issue example.