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Home > French Banknotes > Necessity Money (1789-1945) > City and Municipal Bonds 1914-1925 > France 5-Franc Emergency Note - May 1916 - Valenciennes - Series 18

Banknote France 5-Franc Emergency Note - May 1916 - Valenciennes - Series 18

Ref. : NCB13359
Product type
Banknote
Date/Year
1916
Catalogue
Les Billets des Communes et des Villes (Pir. 59.2585)
Country
France
Quality
VF+
Face value
5 francs
Eco-tax
Including eco-tax :
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Description

Remarks:

Plis.

The 5-franc necessity note issued in Valenciennes in May 1916 (series 18) belongs to the local monetary issues implemented during the First World War. In the occupied regions of Northern France, the disappearance of metallic coins and difficulties in obtaining official banknotes necessitated the creation of alternative means of payment.

Valenciennes, heavily affected by the German occupation, put these notes into circulation to maintain economic exchanges and support the population. This issue is part of the ?loan guaranteed by the consortium of communes of the Valenciennes region and neighboring regions?, a collective mechanism aimed at ensuring the trust and circulation of these notes.

This consortium brought together several communes that pooled their financial guarantees, allowing for wider acceptance of these notes throughout the region. These issues fulfilled several essential functions:

  • securing daily transactions

  • supporting local populations

  • financing contributions imposed by the occupier

  • avoiding economic sanctions

The obverse of the note presents a clear typographical composition including:

  • the mention of the consortium and Valenciennes

  • the face value of 5 francs

  • the date of issue (May 1916)

  • mentions of guarantee and post-war reimbursement

The reverse is generally simpler, with plain decorative patterns or typographical borders, sometimes accompanied by additional mentions.

Technically, these notes were printed on paper using relatively simple processes. Nevertheless, they included basic security features, such as serial numbers and signatures, intended to limit counterfeiting.

The series 18 corresponds to a specific variant within this issue. Differences between series mainly concern numbering, signatures, or certain printing details, which are important elements for specialized collectors.

These notes circulated locally and regionally, sometimes beyond depending on agreements between the consortium's communes. After the war, they were theoretically reimbursable, although the terms varied according to economic situations.

From a numismatic point of view, the 5 francs Valenciennes 1916 ? series 18 is an interesting piece:

  • for its context in an occupied zone

  • for its collective issuance

  • for its daily economic role

Finally, for the collector, this note constitutes a strong testimony to the war economy. It illustrates the adaptation of local communities in the face of a major monetary crisis, making these issues objects of great historical and human value.

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