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Banknote Billet France 1 franc 1920

Ref. : NCB14423
Product type
Banknote
Date/Year
1920
Catalogue
Les Billets des Chambres de Commerce (Pir. 119.8)
Country
France
Quality
VF
Face value
1 franc
Eco-tax
Including eco-tax : €
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Description

The 1 franc note issued by the Chambre de Commerce de Tarare in 1920 belongs to the category of French local monetary issues produced during and after the First World War. This period of shortage of small-denomination coins led many regional chambers of commerce to issue their own necessity notes in order to compensate for the lack of metallic currency in circulation.

The Chambre de Commerce de Tarare, a town in the Rhône department historically renowned for its textile industry, thus put these local notes into circulation to facilitate commercial exchanges within its area of influence. Although intended for strictly local use, these issues held legal value recognised within their area of circulation.

This note is referenced under series M.039, which allows for its precise identification among the various issues produced by this chamber of commerce. The series numbering is an essential element for collectors and researchers wishing to establish a rigorous classification of the different variants issued.

From a historical and numismatic perspective, these French chamber of commerce notes from the 1914-1924 period represent tangible documentation of the economic and monetary difficulties experienced by France during this time. They bear witness to the decentralised organisation put in place to meet the needs of local trade when the national currency was insufficient in quantity.

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