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The 1 Franc banknote issued by the Le Havre Chamber of Commerce in 1920 is an example of the emergency issues produced in France during and after the First World War. These banknotes were created to compensate for the lack of currencyMonetary division of metal or paper, used as a medium of exchange. caused by the conflict.
This banknote has a rectangular format. The obverse features motifs and inscriptions in French, indicating the face value of "1 Franc" and the issuer, the Le Havre Chamber of Commerce. The date of issue, 1920, is also mentioned. The signatures of the emission managers are affixed, authenticating the banknote.
The reverse of the banknote takes up graphic elements present on the obverse, with variations in composition and colors. Legal notices and information relating to the issue may appear there.
The composition of the banknote is paper-based, a common material for fiduciary issues of that time. The colors used are sober, in shades of black and discreet colors, reflecting the economic constraints and mass production imperatives of the time.
This type of emergency banknote testifies to a particular historical period, where local institutions and chambers of commerce played a crucial role in maintaining economic activity by compensating for the state's shortcomings in monetary production.