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1 franc - Chambre de Commerce de Blois & de Loir-et-Cher [41]

Issuer Chambre de Commerce de Blois et de Loir-et-Cher
Year 1916
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Value 1 Franc
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Obverse lettering CHAMBRE DE COMMERCE DE BLOIS & DE LOIR-ET-CHER UN FRANC 2 JUILLET 1918 Le Trésorier Le Président Série 141 1,184 IMP.B.ARNAUD LYON-PARIS
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Reverse lettering 1fr CE BON ÉCHANGEABLE CONTRE DES BILLETS DE LA BANQUE DE FRANCE DEVRA ÊTRE PRÉSENTÉ AU REMBOURSEMENT DANS LE DÉLAI MAXIMUM D'UN AN APRÈS LE DÉCRET QUI FIXERA LA CESSATION DES HOSTILITÉS. CHAMBRE DE COMMERCE DE BLOIS ET DE LOIR-ET-CHER
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Comments

French chambers of commerce were authorized to issue emergency small-denomination notes in 1914 after the outbreak of war triggered an immediate hoarding crisis that stripped coins from circulation almost overnight. The Blois chamber was among dozens of regional bodies that stepped into the void, producing locally valid fractional currency to keep commerce moving. Arnaud's Lyon-Paris operation printed a significant portion of these provincial issues, and the watermarked paper they used was a deliberate anti-counterfeiting measure at a time when small notes were being forged across the Loire region.

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