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2 francs - Chambre de Commerce de Clermont-Ferrand, Issoire [63]

Issuer Chambre de Commerce de Clermont-Ferrand, Issoire
Year 1914-1925
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Currency Franc (1795-1959)
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Protection type Handstamp
Protection description Large circular red handstamp of the Chambre de Commerce de Clermont-Ferrand applied to the reverse as a validation mark; no watermark present
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Comments

French chambers of commerce began issuing emergency paper money in August 1914 when the mobilization order triggered an immediate hoarding crisis — gold and silver disappeared from circulation within days, and the Banque de France could not print small denominations fast enough to compensate. The Clermont-Ferrand and Issoire chamber was among the first wave of provincial issuers, and its notes circulated for over a decade, well past the wartime emergency that originally justified them.

Arnault's involvement places this among the more carefully produced provincial issues. The handstamp security feature is minimal by any standard — a practical concession to speed over sophistication in 1914, never upgraded during the long run of the series.

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