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25 Centimes Ville de Gand

Issuer Stad Gent (City of Ghent)
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Value 25 Centimes (0.25)
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Reverse description Printed in green by letterpress within a double ruled frame with a dotted inner border, the reverse carries a multi-line Dutch text in the upper half specifying the redemption office address and hours of payment. The city's heraldic shield is centred between the two text blocks, with the invalidation legend and expiry date of 28 February 1919 occupying the lower portion. The name ALF. BOEKAERT appears in letterpress outside the frame at lower right.
Reverse lettering DEZE BON IS UITBETAAL- BAAR IN HET XIe BUREEL. POUILLEMARKT 7. ALLE WERKDAGEN VAN 10 TOT 12 URE (blason) NIET MEER GELDIG NA 28 FEBRUARI 1919 ALF. BOEKAERT
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Ghent issued its own emergency fractional currency during the German occupation of World War I, when coin metal was requisitioned and small-denomination coinage effectively vanished from circulation. The Ville de Gand / Stad Gent notes were a municipal stopgap, not a banking instrument — the city itself stood as guarantor, a civilian administration operating under occupation trying to keep local commerce functional.

Drukkerij Sint-Gregorius was a Catholic printing house in Sint-Amandsberg, then a separate commune immediately east of Ghent, absorbed into the city only in 1977. A local printer for a local crisis.