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1 Franc - Chambre de commerce d'Annonay [07]

Issuer Chambre de Commerce d'Annonay
Year 1917-1921
Type Local banknote
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Protection type Watermark
Protection description Without watermark
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Comments

Annonay's Chamber of Commerce was among the hundreds of French provincial bodies forced into emergency note issuance after the wartime coin shortage of 1914–1915 stripped small-denomination currency from everyday transactions. The Ardèche had particular need — Annonay was a significant industrial town, home to paper mills and tanneries whose payroll demands couldn't wait on a distracted Banque de France. B. Arnaud of Villeurbanne handled production for numerous regional chambers simultaneously, which accounts for the family resemblance across many Rhône-Alpes issues of the period.

The JP reference spread across multiple pick numbers reflects repeated reissues with incremental changes — date revisions, signature substitutions, and minor typographic adjustments — across the full 1917–1921 validity window.

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