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| Issuer | Syndicat Commercial Bônois (Commune of Bône, Department of Constantine) |
|---|---|
| Year | 1916-1918 |
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| Composition | Paper |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | SYNDICAT COMMERCIAL BONOIS 10 Centimes (Translation: Bônois Commercial Union.) |
| Reverse description | Printed in black on the same green-tinted paper, the reverse carries a multi-line French text block explaining the syndicate's redemption conditions: that the syndicate receives on Thursdays from 8 to 10 hours to exchange deteriorated coupons for sound ones, and will reimburse coupons against Banque de l'Algérie banknotes when a minimum of 5 francs is presented, with proceeds deposited in a land credit fund pending reimbursement. The text concludes with a signature line reading "Le Trésorier". |
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| Comments |
The Syndicat Commercial Bônois was a local merchants' association in Bône — now Annaba — that stepped in to produce emergency fractional notes during the acute coin shortage that gripped French Algeria from 1915 onward. Wartime metal requisitions had stripped small denomination coinage from circulation almost entirely, and the colonial banking infrastructure had no mechanism to fill that gap at the local level. Syndicates, chambers of commerce, and municipal bodies across French North Africa improvised accordingly.
These notes were printed locally, which shows. Production quality is rough by any measure, and surviving examples frequently exhibit uneven ink strike and irregular trimming — not damage, but manufacture.