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5 Centimes Caudebec-lès-Elbeuf

Issuer Union des Commerçants de Caudebec-lès-Elbeuf
Year 1917
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Reference(s) JP1418#76-72
Obverse description Plain paper ground with all text in letterpress. The issuer's name 'UNION DES COMMERÇANTS de Caudebec-lès-Elbeuf' is set at the top, with the large numeral '5' flanked by the words 'Change' and 'Local' at centre. Below, the denomination 'CENTIMES' and date 'NOVEMBRE 1917' are inscribed, with a note at the foot reading 'Timbre de l'Union au Verso'.
Obverse lettering UNION DES COMMERÇANTS de Caudebec-lès-Elbeuf Change 5 Local CENTIMES NOVEMBRE 1917 Timbre de l'Union au Verso
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Comments

Caudebec-lès-Elbeuf is a textile town on the Seine south of Rouen, and this note belongs to the vast ecosystem of French emergency municipal and commercial scrip that flooded the country from 1914 onward as bronze coinage disappeared almost entirely from circulation — hoarded, melted, or absorbed by wartime industry. The Union des Commerçants issues were local merchant coalition tokens in paper form, accepted within a defined commercial radius and backed by nothing more than collective retail trust.

At 5 centimes, this is the smallest practical denomination in the series. Notes at this level were often the first to be lost, destroyed, or simply worn to illegibility.

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