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1 Franc - Chambre de Commerce de la Creuse [23]

Issuer Chambre de Commerce de la Creuse
Year 1915
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Size 97 × 64 mm
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Reverse lettering CHAMBRE de COMMERCE de la CREUSE 1915 - 1920 Ce billet, garanti par dépôt d`égale somme à la Banque de France, est toujours échangeable aux guichets de ses succursales de Guéret et Aubusson par cinq francs ou multiples de cinq contre des billets de la Banque de France et devra, sous peine de prescription, être présenté au remboursement avant le 2 Août 1920 1 - 1 IMP. P. DUMONT. LIMOGES
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Protection type Watermark
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Comments

The Creuse department had no significant banking infrastructure of its own, and when the wartime coin shortage hit France in 1915 — driven by hoarding and the suspension of specie payments — the local Chambre de Commerce stepped in as issuer by administrative necessity, not financial authority. These emergency fractional notes, known collectively as monnaie de nécessité, proliferated across provincial France that year precisely because the Banque de France had no efficient mechanism to supply small change to rural departments.

Printed by Pierre Dumont in Limoges, the note carries a watermark — unusual attentiveness to security for a body with no tradition of currency production.

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