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25 Centimes
| Issuer | Syndicat du Commerce et de l'Industrie de la Région de Mostaganem |
|---|---|
| Year | 1916-1918 |
| Type | Log in to see details |
| Value | 25 Centimes |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | SYNDICAT DU COMMERCE et de l'Industrie de la Région de Mostaganem BON POUR 0.25 CENTIMES (Translation: Commerce and Industry Syndicate of Mostaganem region. Good for 25 centimes.) |
| Reverse description | Log in to see details |
| Reverse lettering | No. |
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| Comments |
Emergency fractional paper issued by a local trade and industry syndicate in Mostaganem, a port city on the Algerian coast, during the acute small-change shortage that gripped much of France and its territories in the First World War. The Banque de l'Algérie was unable to meet demand for low-denomination coins, and chambers of commerce and regional syndicates across Algeria stepped in as quasi-monetary authorities — a parallel process to what was happening simultaneously across metropolitan France with the well-documented bons de nécessité issues.
The Mostaganem syndicate's notes are among the more obscure of the Algerian wartime issues, rarely appearing in European auction rooms.