Catalog
25 centimes - Chambre de Commerce de Montluçon - Gannat 03
| Issuer | Chambre de Commerce de Montluçon-Gannat |
|---|---|
| Year | |
| Type | Local banknote |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | CHAMBRE DE COMMERCE BON de 25 Centimes DE MONTLUÇON - GANNAT Le Président Le Trésorier HERBIN & BOUCHÉ _ MONTLUCON _ |
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| Protection type | Watermark |
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| Comments |
The Chambre de Commerce de Montluçon-Gannat issued emergency fractional notes during World War I to address the acute shortage of small change that followed the hoarding of coins across France after mobilization in 1914. Printed locally by Herbin & Bouché rather than sent to a national printer, this 25-centime piece is a genuinely regional artifact — the production chain never left the département de l'Allier.
The watermark security feature is notable given the note's minimal physical dimensions; applying it required paper sourced and cut specifically for the series.