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1 Franc - Chambre de commerce de Narbonne

Issuer Chambre de Commerce de Narbonne
Year 1916
Type Local banknote
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Obverse lettering CHAMBRE DE COMMERCE DE NARBONNE Délibération 14 Décembre 1916 BON DE UN FRANC Le Trésorier Le Président Série F Nº23887
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Reverse lettering 1Fc. 1Fc. 1Fc. 1Fc. FR FR UN FRANC CE BON REMBOURSABLE LE 14 DÉCEMBRE 1921 SAUF PROROGATION, NE SERA VALABLE QU`AUTANT QU`IL SERA REVÊTU DU TIMBRE SEC DE LA CHAMBRE DE COMMERCE. LITHO. P. MORER - BENEZET, PERPIGNAN
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Comments

French chambers of commerce were authorized to issue emergency small-denomination notes from 1914 onward precisely because the wartime hoarding of coins — particularly bronze and nickel — created a practical crisis at the retail level. Narbonne's chamber was among dozens that stepped in to fill that gap, with notes backed nominally by the chamber's commercial guarantee rather than any central bank reserve. The Perpignan lithographer Morer-Benezet handled several such regional commissions in the Languedoc-Roussillon area during this period.

The dry stamp and watermark represent the extent of anti-counterfeiting provision — modest by any measure, but counterfeiting of low-value wartime necessities was rarely the pressing concern.

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