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5 Centimes - Ville de Toulouse 31

Issuer Ville de Toulouse (Municipality of Toulouse)
Year 1914-1921
Type Local banknote
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Obverse description Small rectangular emergency issue note printed in green on buff paper. The municipal coat of arms of Toulouse appears at upper left, with the inscription VILLE DE TOULOUSE across the top. A large circular guilloche vignette in the centre bears the bold numeral 5, flanked by the denomination legend BON de 5 Centimes in letterpress. Signature lines for Le Receveur Municipal and Le Maire appear at lower left and lower right respectively, each bearing a handwritten ink signature.
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Reverse description The reverse is printed in green on buff paper and centres on a large oval frame enclosing a detailed vignette of the Toulouse municipal building (Capitole). The redemption text is arranged within and around the oval in three lines above the building vignette and one line below, with the note redeemable at the municipal treasury within six months of the end of the war.
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Comments

Municipal emergency money issued by the city of Toulouse during the First World War and its immediate aftermath, when the withdrawal of metal coinage from circulation created a practical crisis in everyday small transactions. Hundreds of French towns and chambers of commerce issued similar low-denomination notes during this period — the Chambre de Commerce de Toulouse series is the better-known parallel issue, but this series came directly from the municipality itself.

The watermarked paper is notable for a note of this size and face value; most comparable French municipal issues at five centimes dispensed with security features entirely.

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