Catalog
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| Issuer | Syndicat Général des Commerçants & Industriels de Trouville-sur-Mer |
|---|---|
| Year | 1920 |
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| Value | Log in to see details |
| Currency | Franc (1795-1959) |
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| Obverse description | The face of this necessity note is printed in red and black on plain paper, with the large numeral '25' at centre serving as the primary denomination indicator. The four corners each bear the legend 'TICKET D'ACHAT' and 'Bon pour 0,25', framing the central inscription of the issuing body: 'SYNDICAT GÉNÉRAL DES COMMERÇANTS & INDUSTRIELS DE TROUVILLE-SUR-MER', with the registered office noted as 'SIÈGE SOCIAL, MAIRIE DE TROUVILLE'. Spaces for the signatures of the Treasurer and the President appear at the lower portion, with a serial number printed at left. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | REMBOURSEMENT GARANTI 25 CENTIMES DÉLIBÉRATION DU 22 JUILLET 1920 BREDEL GRÉMOND & CIE HAVRE |
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| Comments |
Trouville-sur-Mer's merchants and industrialists issued this emergency fractional note during the severe small-change shortage that followed the First World War — a crisis that drove hundreds of French chambers of commerce and local syndicates to print their own currency between roughly 1914 and 1923. The Syndicat Général was a trade body, not a bank, which made its note-issuing authority legally ambiguous at the time.
Bredel, Grémond & Cie were a Le Havre printing firm responsible for a number of Norman regional issues in this period. The inclusion of a watermark at this denomination is worth noting — 25-centime bon de caisse from smaller syndicates often dispensed with security features entirely.