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New

Banknote Billet Seine-Maritime 1 franc 1916

Ref. : NCB13470
Product type
Banknote
Date/Year
1916
Country
Seine-Maritime
Quality
VF+
Face value
1 franc
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Description

Remarks:

Quelques traces d'usure.

The 1 Franc from the City of Bolbec - Caisse Communale de Change is an emergency banknote issued in 1916, a period during which the First World War caused a widespread shortage of metallic currency in France. Faced with this situation, many municipalities and chambers of commerce were forced to issue their own local payment instruments to compensate for the lack of currency in circulation.

This banknote is linked to the town of Bolbec, a municipality located in Seine-Maritime, in the current Normandy region. It was issued under the authority of the Caisse Communale de Change (Municipal Exchange Office) of this town, a local institution temporarily authorized to produce and distribute these substitute banknotes within the community.

The face value of this banknote is 1 franc, the French monetary unit in use at the time. These local issues, also known as "emergency currency" or "war money", had a circulation strictly limited to the municipal or regional territory that had issued them, and were generally withdrawn from circulation at the end of the conflict.

This type of numismatic document is of considerable historical interest, bearing witness to the local economic adaptations imposed by the wartime context. Emergency banknotes from this period are today sought after by collectors specializing in French paper money and more particularly in the regional and municipal issues of the early 20th century. Their state of preservation, their rarity depending on the issuing municipalities, and the quality of their printing are the main evaluation criteria for enthusiasts of this particular field of French numismatics.

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