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1 Franc - Chambre de Commerce de Roanne 42

Issuer Chambre de Commerce de Roanne
Year 1915-1917
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Value 1 Franc
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Obverse lettering CHAMBRE DE COMMERCE DE ROANNE Délibération du 28 juin 1915 UN FRANC Le Trésorier Le Président Échangeable contre des billets de la Banque de France BOURG & Cie
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Protection description Watermark varies by variety; JP#106-17: bees watermark
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Comments

During the First World War, the near-total disappearance of small coinage from French circulation — hoarded as silver or melted — forced hundreds of regional chambers of commerce to issue their own fractional emergency notes under authorization from the French Treasury. Roanne's chamber was among the first wave, producing multiple dated variants across this series, which accounts for the sprawling JP reference spread. Bourg & Cie, based in the Ain, handled a significant portion of provincial French emergency paper during this period.

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