FRANCE. 1st Republic. 18 Nivose, l’an 3 (January 7th, 1795). Assignat de deux mille francs – 2000 Francs. Pick A81. The second highest denomination assignat issued. This example is essentially gem mint state, with the exception of the marginal stain. All examples appear to have the figure of justice at the left margin truncated by way of a slightly waved ‘indenture’- probably acting as a counterfoil of sorts. The right margin (when present), shows a spindle mark outside the frame that always pierces the paper in the same location. Every example we have seen of this note has a slight central crease. However, this gem example retains the complete original margin, and very clear, sharp embossing. The faint stain at bottom is forgivable, as the majority of these notes have trimmed margins or no margins at all.