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This 1 franc note was issued in 1917 by the Bordeaux Chamber of Commerce, as part of the local and regional monetary issues that proliferated throughout France during the First World War. Faced with the shortage of metallic currency caused by the conflict, many French chambers of commerce were authorised to issue emergency notes to meet the everyday needs of commercial exchange.
This note belongs to series 50, a designation that allowed the issuing authority to distinguish and manage the various production batches. The ANNULÉ (CANCELLED) stamp affixed to the note attests to its official withdrawal from circulation. This annotation was generally applied by the issuing body upon redemption or administrative destruction of the notes, in order to prevent any fraudulent re-entry into circulation. The cancelled specimens that have survived to the present day are direct testimonies to the administrative practices of the era.
The notes issued by the Bordeaux Chamber of Commerce form part of a documentary and numismatic corpus that reflects the local economic organisation of France in wartime. The city of Bordeaux, an important commercial and port hub in south-western France, had a particularly active chamber of commerce whose monetary issues played a significant role in sustaining regional economic exchanges during this turbulent period.
This type of emergency paper money, commonly referred to as local paper currency or emergency note, is today studied and catalogued by specialists in notaphily, the discipline dedicated to the collection and study of banknotes.
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