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2 Francs - Chambre de Commerce d'Angoulême [16]

Issuer Chambre de Commerce d'Angoulême
Year 1917
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Composition Paper
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Obverse lettering 5ème série | 2 CHAMBRE DE COMMERCE D'ANGOULEME DEUX FRANCS 2 | 5ème série F. JAVANAUD ANGOULÊME
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Reverse lettering 5ème série | 2 DÉLIBÉRATION DU 11 AVRIL 1917 Ce Billet, garanti par un dépôt d'égale valeur au Trésor Public, peut être échangé à toutes les caisses publiques de la circonscription de la Chambre de Commerce d'Angoulême. Il devra, sous peine de prescription, être présenté au remboursement avant le 1er Janvier 1922. 2 | 5ème série
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Comments

The Chambres de Commerce emergency notes of World War One exist because the French state had effectively lost control of small-denomination coinage by 1914 — hoarding stripped the country of centimes and low-franc pieces almost immediately after mobilization. Regional chambers were authorized to fill the gap, and Angoulême, a town with deep roots in the French paper industry going back centuries, had at least the raw material advantage when it came to producing its own.

Javanaud was a local printer, not a security specialist, which is worth knowing when evaluating any example from this series.

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