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Description
The two-franc banknote issued by the Chambers of Commerce of Quimper and Brest in 1915 belongs to the category of emergency banknotes, issued in France during the First World War. Faced with the shortage of metallic currency caused by the conflict, many French chambers of commerce were authorised to issue their own fiduciary notes in order to compensate for the lack of liquidity in circulation.
This banknote is identified as belonging to series A, which distinguishes the different series of issues produced by these two Breton commercial institutions. The association of the Chambers of Commerce of Quimper and Brest, two important towns in Finistère, in a joint issue illustrates the regional cooperation established to meet the local economic needs of the time.
These emergency banknotes, also known as local paper money or war money, are today significant historical testimonies of the troubled period France was going through in 1915. Their issuance is part of a particular economic context in which the central State could no longer alone ensure the supply of sufficient means of payment for daily commercial transactions.
The face value of two francs represented an intermediate denomination, significant enough to facilitate everyday commercial transactions in the Finistère departments served by these two chambers of commerce.
From a collector's perspective, this type of regional emergency banknote is sought after by specialists in French numismatics and fiduciary papyrology, particularly due to the geographical specificity of its issue and its roots in the economic and social history of Brittany during the Great War.
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