50 Centimes

Emittent	Gouvernement Général de Madagascar
Jahr	1916-1919
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Nennwert	50 Centimes (0.50)
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Vorderseitenbeschreibung	The entire face reproduces a rose-pink adhesive postage stamp of the Navigation and Commerce colonial type, engraved after Mouchon's design. The central vignette presents two allegorical female figures — Commerce seated at left and Navigation standing at right — set against a maritime background, with the denomination numeral '50' in large figures at centre. A bold rectangular cartouche at the base carries the colonial overprint 'MADAGASCAR ET DEPENDANCES'.
Vorderseitenlegende	REPVBLIQVE FRANÇAISE COLONIES POSTES 50 MADAGASCAR ET DEPENDANCES MOUCHON
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Anmerkungen	The Gouvernement Général de Madagascar issued these emergency fractional notes because the war had drained metropolitan France of small coinage — coins were hoarded, melted, or simply never made it to the colony in sufficient quantities. The notes filled a gap that no one had planned for. Mouchon, best known for designing French postage stamps including the celebrated 1900 "Mouchon type," lent his stamp-design aesthetic directly to this format, which is why the note reads more like an enlarged fiscal stamp than a conventional banknote. Wartime paper shortages in Madagascar meant print quality varied noticeably across the 1916–1919 run.