Caisse d'Amortissement

Caisse d'Amortissement or "C A" overprinted on French stamps with new values are semipostals. Beginning in 1927, these were to contribute to a sinking fund to reduce French debt. Special stamps so inscribed were also issued.

France apparently decided that patriotic citizens and stamp collectors would be the ones to pay down the debt and increased the surcharge up to more than 5 times the face value of the stamps. With that, and the beginning of the Great Depression, the stamps found few buyers and are some of the scarcer French stamps of the period.

 File:France Caisse first A.webp|1927 50c+25c value. File:France CA Pasteur.jpg|1927 1.50fr+50c value. File:France smile of reims.jpg|1930 1.50fr+3.50fr Smile of Reims. 

[[Category:C]]