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1 Franc - Chambre de Commerce de Toulouse 31

Issuer Chambre de Commerce de Toulouse
Year 1914
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Currency Franc (1795-1959)
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Reverse description Four circular medallions containing the numeral value are positioned at each corner of the note, each surrounded by foliate guilloche ornament. A large central oval vignette illustrates a knight seated before a castle and bearing the coat of arms of Toulouse. Two subsidiary circles at left and right record the dates of validity of the note.
Reverse lettering 1F. - 1F. CHAMBRE DE COMMERCE 1914 - 1919 DE TOULOUSE 1F. - 1F. Ce billet devra être présenté au remboursement à la succursale de la Banque de France à Toulouse avant le 20 Novembre 1919
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Comments

Toulouse's Chamber of Commerce began issuing its own fractional notes in 1914 as small change essentially vanished from French circulation — hoarding hit bronze and nickel coins almost immediately after mobilization was declared in August. Chambers of Commerce across France were granted emergency authority to fill that gap, and Berdoulat, a local Toulouse printer, handled production for this series rather than a Paris security house.

The JP#122 reference covers eight date variants, which suggests sustained use well into the war years rather than a single print run.

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