1 Franc - Chambres de Commerce de la Marne

The Chambres de Commerce de la Marne was one of dozens of French regional chambers that stepped into the currency vacuum left by the First World War, when small-denomination coinage had been hoarded almost entirely out of circulation. By 1920, the acute shortage had eased nationally, but many chambers continued issuing well past the armistice — administrative inertia, residual local demand, and the sheer cost of retiring existing stock all played a role.

Debar & Cie printed from their Reims premises — a city still operating under significant postwar reconstruction pressure, having been heavily shelled throughout the war.