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1 Franc - Chambre de commerce d'Angoulème [16]
| Issuer | Chambre de Commerce d'Angoulême |
|---|---|
| Year | 1915 |
| Type | Local banknote |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 1ère série | 1ère série CHAMBRE DE COMMERCE D'ANGOULEME UN FRANC 1 | 1 IMP. KELLER FRÈRES, ANGOULÊME |
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| Protection description | Without watermark |
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| Comments |
French Chambers of Commerce were authorized by the state in 1914–1915 to issue emergency small-denomination notes (monnaie de nécessité) as coins vanished from circulation almost immediately after mobilization — hoarded by a population that had stopped trusting the moment war was declared. Angoulême's chamber was among the first wave to act on that authorization.
Printed locally by Keller frères rather than a specialist securities printer, the production values are modest, though the watermark security feature is notable for a provincial emergency issue of this scale.