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The 100 Francs Luc Olivier Merson banknote, dated August 11, 1938, is part of the last series issued by the Banque de France before World War II. Derived from an emblematic model of the early 20th century, it retains a classic aesthetic rich in symbols.
On the front, the composition highlights Agriculture and Commerce, while the back illustrates Labor and Fortune, reflecting the fundamental economic values of the time. The whole is treated in a detailed and balanced artistic style, typical of banknotes designed by Luc Olivier Merson.
Equipped with a watermark depicting Ceres and Mercury, this banknote combines elegance and security. Demonetized in 1945, it remains today a classic of French numismatics, sought after for its aesthetic and historical importance.