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1987 French New Half Franc

Obverse
Reverse
General
Type: French New Half Franc 
Years: 1965 - 2001  Cat. Num.: KM# 931.1 
Country: France  Period: Modern republic 
Currency: French Franc  Face value: 50 Cents 
System: Reform coinage  100 Centimes = 1 New Franc 
Desgr/Engr:  
Obverse: Figure sowing seeds 
Legend: REPUBLIQUE FRANÇAISE 
Reverse: Leafy branch divides date and denomination 
Legend: 1/2 FRANC LIBERTE·EGALITE·FRATERNITE 
Edge: Reeded 
Issue
Year:
1987
Mint: Paris 
Mintage: 50,000,000 
Scarcity:
Valuation:
 
Notes:  
Grades & Prices Available 
NONE AVAILABLE
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Specifications
Alignment:
Coin 
 
Composition: Nickel 
Fineness: N/A 
Weight(g): 4.5000g 
Weight(Oz): 0.14 Oz 
Net Content: N/A 
Bullion Value: N/A 
Diameter: 19.50mm 
Thickness:  
Description

In January 1960 the French franc was revalued at 100 existing francs. Old one and two franc pieces continued to circulate as centimes (no new centimes were minted for the first two years), 100 of them making a nouveau franc (the abbreviation NF was used on banknotes for some time). Inflation continued to erode the currency's value, but much more slowly than those of other countries. The one-centime coin never circulated widely. Only one further major devaluation occurred (in August 1969) before the Bretton Woods system was replaced by free-floating exchange rates. Nonetheless, when the Euro replaced the franc on January 1, 1999, the franc was worth less than an eighth of its original 1960 value.

The old franc pieces were gradually withdrawn. They ceased to be legal tender in January 2002, upon the official adoption of the euro.

Value Range
Year Mintage G F VF EF AU UNC BU PROOF
1987 50,000,000 $0.15 $0.25 $0.30 $0.60
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