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1 Franc - Chambre de Commerce de Vienne 38

Issuer Chambre de Commerce de Vienne (Isère)
Year 1916
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Printer B. Arnaud, Villeurbanne, France (1898-1990)
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Reverse description Printed in deep red-brown on a pale ground, with a repeated 'CHAMBRE DE COMMERCE DE VIENNE' microtext guilloche underprint throughout; a bold guilloche border frames the central panel, with circular corner medallions each bearing the denomination numeral '1 F'. The large numeral '1' above the word 'FRANC' in heavy display type occupies the centre within an ornamental scrollwork cartouche, with the redemption notice in smaller roman type below.
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Protection description Watermarked paper
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Comments

French chambers of commerce were authorized to issue emergency small-denomination notes during World War One to address a near-total disappearance of coin from circulation — hoarding had stripped the retail economy of anything metallic by 1915. The Chambre de Commerce de Vienne, serving the Isère department south of Lyon, turned to B. Arnaud in nearby Villeurbanne, a regional printer with no particular specialization in fiduciary work. The watermark is the only security concession; the notes were never intended to circulate far or long.

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