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5 Centimes
| Issuer | Syndicat du Commerce et de l'Industrie de la Region de Mostaganem |
|---|---|
| Year | 1915 |
| Type | Log in to see details |
| Value | 5 Centimes (0.05) |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | SYNDICAT DU COMMERCE et de l'Industrie de la Region de Mostaganem BON POUR 0.05 CENTIMES |
| Reverse description | Pale yellow-ochre guilloche underprint with an ornate vertical red decorative band bisecting the note centrally. Two horizontal rows of black star ornaments border the upper and lower thirds. Four large gothic-script monogram initials 'S C I M' are printed in black across the centre, flanked by decorative foliate and figurative ornamental devices. |
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| Comments |
Mostaganem's commercial syndicate issued this 5 centimes note in 1915 as emergency fractional currency — a direct response to the wartime hoarding of metal coinage that paralyzed small transactions across French Algeria. With copper and brass diverted to military needs, local chambers of commerce and trade syndicates throughout Algeria filled the gap with paper nécessité notes, each valid only within their issuing region.
These hyper-local issues were never redeemable outside the immediate commercial district, and redemption after the war was inconsistent at best. Survivors are almost entirely from unissued stock rather than genuine circulation.