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1 Franc - Chambre de Commerce de Nantes 44

Issuer Chambre de Commerce de Nantes
Year 1924
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Size 118 × 80 mm
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Reverse description Printed in dark carmine-red on plain paper, the reverse is entirely occupied by a central oval panel containing the full redemption text in elegant cursive script, surrounded by a beaded border. The outer rectangular frame repeats the guilloche corner ornaments with large 'R' monograms, consistent with the obverse design. No pictorial vignette is present; the composition relies entirely on the calligraphic text block and decorative borders.
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Protection description Watermark in the form of a large '1 Fr' denomination numeral and letters, visible through the paper on the obverse centre.
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Comments

French Chambers of Commerce were authorized to issue emergency small-denomination notes during and after the First World War to compensate for the near-total disappearance of coins from circulation — hoarding and metal requisitions had stripped the country of small change by 1915. The Nantes chamber's issues continued well into the 1920s, longer than many regional issuers, reflecting how slowly coin supplies normalized in parts of provincial France.

JP#88-27 is among the later printings in the Nantes series, produced entirely in-house by a local printer rather than one of the major Parisian security printers.

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