This listing is for one 1920 Silver 2 Francs from France, as pictured.
From 1898 to 1920, these two Franc coins were minted in 83.5% Silver. After which, the composition was changed to clad. This is due largely because of the economic difficulties France faced after the first world war. France was a founding member of the Latin Monetary Union (LMU), a single currency employed primarily by the Romance-speaking and other Mediterranean states between 1865 and the First World War. However, the outbreak of World War I caused France to leave the gold standard of the LMU. The war severely undermined the franc's strength. War expenditure, inflation and postwar reconstruction, financed partly by printing ever more money, reduced the franc's purchasing power by 70% between 1915 and 1920.
Consequently, there are two different types of 2 Franc coins from 1920. One Copper-aluminium (Chamber of Commerce) and the other silver.
From 1898 to 1920, these two Franc coins were minted in 83.5% Silver. After which, the composition was changed to clad. This is due largely because of the economic difficulties France faced after the first world war. France was a founding member of the Latin Monetary Union (LMU), a single currency employed primarily by the Romance-speaking and other Mediterranean states between 1865 and the First World War. However, the outbreak of World War I caused France to leave the gold standard of the LMU. The war severely undermined the franc's strength. War expenditure, inflation and postwar reconstruction, financed partly by printing ever more money, reduced the franc's purchasing power by 70% between 1915 and 1920.
Consequently, there are two different types of 2 Franc coins from 1920. One Copper-aluminium (Chamber of Commerce) and the other silver.