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1 Franc - Chambre de commerce d'Angoulême [16]

Issuer Chambre de Commerce d'Angoulême
Year 1915
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Currency Franc (1795-1959)
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Obverse description Yellow and green note with a dense guilloche underprint spanning the central field; the municipal coat of arms of Angoulême is centred at the top, flanked by foliate ornaments and two banderoles inscribed FORTITUDO MEA and CIVIUM FIDES. Caduceus vignettes appear at either side of the central field, while circular corner medallions each carry the numeral 1 and the series designation 4me Série. The issuer's name CHAMBRE DE COMMERCE D'ANGOULÊME and the denomination UN FRANC are rendered in bold letterpress, with the emission date 15 JANVIER 1915 and the printer's imprint at foot.
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Protection description Without watermark
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Comments

French chambers of commerce were authorized to issue emergency small-denomination notes in August 1914 after the outbreak of war caused an immediate hoarding crisis that stripped coins from circulation almost overnight. The Angoulême chamber was among the earlier provincial issuers, and Keller Frères — a local print house rather than a specialized security printer — produced the notes in-town, which accounts for the relatively modest security provision: a watermark alone, without the guilloche work or serial numbering seen on notes from larger financial centers.

The JP reference covers four distinct varieties across this single type, differentiated by watermark text and paper stock changes made during the run.

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