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This 10 franc note was issued by the town of Wattrelos in 1915, in the midst of the First World War. It belongs to series B-10 and bears the serial number 81869. This type of local issue reflects a particular historical context: the German occupation of northern France had caused a shortage of paper currency, forcing many municipalities and chambers of commerce to issue their own emergency notes in order to compensate for the lack of cash in circulation.
Wattrelos, a municipality in the Nord department, was among the many towns in northern France that resorted to this type of emergency issue. These necessity notes, although not legal tender in the strict sense, were accepted locally as a means of exchange, thus ensuring a minimal continuity of commercial transactions in areas subjected to severe economic and military pressures.
This note displays the typical characteristics of necessity issues of this period, with an explicit mention of the face value of 10 francs, the name of the issuing town, as well as the series and number allowing its precise identification. Notes of this nature were generally produced in several numbered series in order to facilitate their management and control by the local issuing authorities.
From a numismatic perspective, this type of municipal necessity note represents a direct testimony to the monetary and economic hardships endured by the civilian populations of northern France during the Great War. The Wattrelos issues remain today sought-after documentary pieces among collectors specialising in wartime currency and French emergency notes, particularly those originating from the occupied departments between 1914 and 1918.