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1 franc - Chambre de Commerce de Montluçon-Gannat [03]

Issuer Chambre de Commerce de Montluçon-Gannat
Year 1914
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Value 1 Franc
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Obverse lettering CHAMBRE DE COMMERCE DE MONTLUÇON- GANNAT
AUTORISATION MINISTÉRIELLE DU 30 SEPTEMBRE 1914
UN FRANC
Le Trésorier
Le Président
Série B
ÉCHANGEABLE CONTRE DES
BILLETS DE LA BANQUE DE FRANCE
HERBIN & BOUCHÉ MONTLUÇON
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Reverse lettering CHAMBRE DE COMMERCE DE MONTLUÇON- GANNAT
AUTORISATION MINISTÉRIELLE DU 30 SEPTEMBRE 1914
Ce billet, garanti par dépôt d'égale somme à la banque de France, est toujours échangeable aux guichets de sa succursale de Montluçon, et devra, sous peine de prescription, y être présenté au remboursement dans un délai de cinq ans à dater du 10 octobre 1914.
Ce billet ne sera valable que revêtu du timbre de la Chambre de Commerce.
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Comments

The Chambres de Commerce emergency fractional notes of 1914 appeared almost immediately after the August mobilization order froze normal banking operations and triggered a nationwide coin hoarding panic. Small change vanished from circulation within days. Hundreds of local chambers across France stepped in as quasi-monetary authorities — legally permitted to do so under wartime emergency decree — and Montluçon's chamber was among the earliest to act, using a local printer rather than waiting for centrally coordinated supply.

The official stamp is the primary authentication device here, which tells you something about the urgency: elaborate security printing wasn't the priority in August 1914.

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