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Banknote Billet France 2 francs 1917-1920

Ref. : NCB13766
Product type
Banknote
Date/Year
1917-1920
Catalogue
Les Billets des Communes et des Villes (Pir. 20)
Country
France
Quality
XF
Face value
2 francs
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Description

Remarks:

1 épinglage et plis de comptage

The 2 franc note from the Elbeuf Chamber of Commerce, issued between 1917 and 1920, stands as a remarkable testament to French emergency numismatics developed during and after 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 local banknotes in order to compensate for the lack of means of payment in circulation.

Elbeuf, an industrial town in Normandy renowned for its cloth and textile industry, had an active chamber of commerce that took charge of issuing these local notes. This type of locally issued paper money, often referred to as necessity currency, circulated primarily within the relevant region and helped facilitate everyday commercial transactions in a particularly constrained economic context.

This note has a face value of 2 francs and belongs to an issuance period spanning several years, from 1917 to 1920, reflecting the prolonged duration of monetary difficulties that persisted well beyond the armistice of November 1918. These chamber of commerce notes are today highly sought-after collectibles among numismatists specialising in French regional paper currency and sigillography.

It represents a historical document in its own right, offering insight into the local economic mechanisms put in place in France during this unprecedented monetary crisis, while also providing a glimpse into the commercial and administrative organisation of a Norman industrial town at the beginning of the 20th century.

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