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This emergency banknote was issued in France, with a face value of two francs. It dates from January 1, 1916. This type of banknote belongs to a category issued by various entities during the period from 1914 to 1918, including municipalities and cities, in response to the shortages of circulating currency caused by the First World War.
The banknote is associated with the department of Pas-de-Calais (62), and more specifically with the Société Anonyme des Aciéries de France. The indication "Série 1" suggests that this is one of the first issues of this company. The mention "Aciéries de France" indicates that this banknote was issued by a steel company, probably to facilitate local transactions or to compensate for the lack of small change during the conflict.
The absence of a centralized issuing institution such as the Banque de France is notable, reflecting the particular context of the time when companies and local authorities were authorized to issue their own emergency currency. These banknotes were often of simple design, reflecting the material constraints and economic imperatives of the time. They mainly served to facilitate local trade.
Emergency banknotes like this one are valuable historical testimonies, illustrating the economic and social adaptations implemented during the First World War. They allow us to understand how populations and businesses faced the challenges posed by the conflict, particularly in terms of liquidity and commercial transactions.