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1 Franc - Chambre de Commerce de Cahors 46

Issuer Chambre de Commerce de Cahors
Year 1917
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Currency Franc (1795-1959)
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Obverse description Green and brown letterpress note with a repeated guilloche underprint of the text 'CHAMBRE DE COMMERCE DE CAHORS' across the field. The central vignette presents an engraved panoramic view of Cahors with the medieval Pont Valentré over the Lot River, flanked on the left by a circular medallion inscribed 'LIBERTÉ ÉGALITÉ FRATERNITÉ' with the denomination '1 FRANC' and dates 1917–1922, and on the right by a circular medallion of the République Française Sower figure. Scroll banners above read 'INDUSTRIE' and 'AGRICULTURE', with the series letter and serial number in the upper corners and the 'CC' monogram cartouche at top and bottom centre.
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Reverse lettering CHAMBRE DE COMMERCE DE CAHORS DÉLIBÉRATIONS DES 21 AVRIL ET 16 AOÛT 1917 AUTORISATIONS MINISTÉRIELLES DES 26 MAI & 7 SEPTEMBRE 1917 UN FRANC 1917 1922 Ce Bon émis par la Chambre de Commerce de Cahors est valable dans tout le département du Lot. Garanti par dépôt au compte du Trésor, il y est échangeable par dix ou multiples de dix contre des billets de la Banque de France. Il devra être présenté au remboursement avant le 1er Décembre 1922, sous peine de prescription, sauf décision modifiant ce délai. TOUTE IMITATION OU OPÉRATION FRAUDULEUSE SERA PUNIE SELON LA LOI IMP. P. DUMONT LIMOGES
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Comments

The Chambres de Commerce emergency notes of WWI exist because the French Treasury simply could not produce enough small-denomination coinage once wartime metal demand stripped circulation bare. Cahors, the prefecture of the Lot department, was among dozens of provincial chambers authorized to fill the gap — a patchwork monetary system that lasted well into the early 1920s before the state fully reclaimed the territory.

Pierre Dumont of Limoges handled printing for several regional chambers in the southwest, which means this note shares production lineage with issues from neighboring departments. The watermark is worth examining closely; paper security on these provincial fractional notes was inconsistently applied across print runs.

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