10 Centimes

Philippeville — now Skikda in northeastern Algeria — was a French colonial port city whose Chamber of Commerce resorted to emergency paper fractional currency during the First World War when coin shortages became acute across French-administered territories. These small-denomination nécessité notes were a local solution to a metropolitan problem: the wartime hoarding and melting of bronze and copper coinage left everyday commerce without small change.

Moullot fils aîné in Marseille printed extensively for Algerian commercial and municipal issuers during this period, making them the practical choice for a Chamber of Commerce needing a short print run across the water.