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1 Franc - Chambres de Commerce de Caen et Honfleur 14
| Issuer | Chambres de Commerce de Caen et de Honfleur |
|---|---|
| Year | 1920-1923 |
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| Currency | Franc (1795-1959) |
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|---|---|
| Obverse lettering | CHAMBRES DE COMMERCE DE CAEN ET DE HONFLEUR Le Président de la Chambre de Commerce de Caen Le Président de la Chambre de Commerce de Honfleur SÉRIE B N° 223,700 Les Papeteries de Normandie |
| Reverse description | Printed in purple on cream paper with a fine guilloche-lined inner panel enclosed within a scrollwork cartouche and an outer decorative foliate border. The denomination numerals "1" appear in mirror image at either side. A circular blue validation stamp bearing the combined arms of the Chambres de Commerce de Caen and de Honfleur is applied at the centre top. Three lines of redemption text occupy the upper portion of the inner panel, with the emission designation "QUATRIÈME EMISSION" in large lettering below, and the dates 1920 and 1923 each enclosed in separate oval cartouches at the foot. |
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| Comments |
The Chambres de Commerce de Caen et de Honfleur operated as a joint issuing authority — an unusual pairing of two distinct commercial chambers sharing a single emergency note series. These notes emerged from the chronic small-change shortage that persisted in France well into the early 1920s, long after the wartime emergency that originally justified chamber-issued currency. The Banque de France had effectively retreated from low-denomination circulation, and regional chambers stepped into the gap with legal authorization under a 1914 decree that nobody had bothered to revoke.
Printed locally by Les Papeteries de Normandie, a Caen paper manufacturer, the production chain was unusually short — the issuer and printer were practically neighbors.