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1 Franc - Chambre de Commerce de Moulins et Lapalisse 03
| Issuer | Chambre de Commerce de Moulins et Lapalisse |
|---|---|
| Year | 1916 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
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| Printer | B. Arnaud, Villeurbanne, France (1898-1990) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Délibération du 13 octobre 1916 CHAMBRE DE COMMERCE DE MOULINS ET LAPALISSE (Allier) UN FRANC Le Trésorier Le Président Série AP 191 1,284 IMP. B.ARNAUD - LYON - PARIS |
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| Reverse lettering | 1 FRANC CES BONS ÉCHANGEABLES CONTRE DES BILLETS DE LA BANQUE DE FRANCE DEVRONT ÊTRE PRÉSENTÉS AU REMBOURSEMENT, AVANT LE 14 OCTOBRE 1921, SAUF DÉCISION PROROGEANT CE DÉLAI. |
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| Comments |
French commercial chambers were authorized to issue small-denomination emergency notes in 1914 after the outbreak of war triggered an immediate hoarding crisis — silver and bronze coins vanished from circulation almost overnight. The Chambre de Commerce de Moulins et Lapalisse served the Allier department, and like dozens of similar regional bodies, it filled the void left by the Banque de France's inability to produce sufficient low-value notes fast enough. B. Arnaud of Villeurbanne handled a significant volume of these provincial necessité issues throughout the war years.