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1 Franc - Chambre de Commerce d'Agen 47

Issuer Chambre de Commerce d'Agen
Year 1914-1917
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Composition Paper
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Obverse description Printed in red on a pink underprint, the note bears the chamber's title and denomination in bold letterpress text. Two manuscript signatures appear below, identified as those of the President and the Treasurer. Serial numbering is rendered in black, with typographic distinction between issues: a large 'N' character is used for numbers below 100,000, while a narrower 'N' distinguishes issues above that threshold.
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Protection description Without watermark
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Comments

During the First World War, the withdrawal of metallic coinage from circulation created an acute shortage of small change across France. Local chambers of commerce were authorized to fill the gap by issuing their own emergency fractional notes — a necessity, not a monetary ambition. Agen's chamber was among hundreds that did so, producing notes that functioned as genuine local currency within a restricted geographic radius.

The JP reference covering four variant numbers (03, 04, 09, 10) suggests at least four distinct types or dates within this single denomination series — not unusual for a chamber that kept reissuing as earlier stocks were absorbed into daily trade.

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