25 Centimes

Municipal emergency notes of this kind proliferated across French Algeria during the First World War when small-denomination coinage essentially vanished from circulation — hoarded, melted, or simply not replaced by a metropolitan administration consumed by the war effort. Algiers issued its own fractional paper rather than wait for Paris to solve a problem it had no immediate interest in solving.

Jules Carbonel was the dominant commercial printer in Algiers at the time, later absorbed into the consolidated Typo-Litho et Jules Carbonel firm. Locally produced, locally circulated, and almost certainly locally destroyed when coin supplies normalized after 1918.