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| 正面描述 | Plain typeset emergency bon printed on pink-tinted paper, with the communal name and denomination arranged in five lines of text, the face value flanked by simple geometric ornaments. A blue communal administrative stamp is applied to the note. The date and the countersignature of the alderman (échevin) appear in the lower portion. |
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| 正面铭文 | = PIPAIX = BON COMMUNAL DE 2 (formes géométriques) 2 FRANCS (formes géométriques) 2 L`échevin, 3-6-1940 |
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Pipaix is a small village in Hainaut, and in 1940 — with German forces occupying Belgium and the national banking system in disarray — hundreds of Belgian communes issued their own emergency paper money to keep local commerce moving. These municipal notes were a direct response to the near-total disappearance of coin and official small-denomination currency hoarded by a panicked population in the weeks following the May invasion.
The Commune de Pipaix issue is among the more obscure of these wartime necessities, produced in negligible quantities for a community whose population numbered only in the hundreds.