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50 Centimes - Chambre de Commerce d'Agen [47]

Issuer Chambre de Commerce d'Agen
Year 1917-1922
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Value 50 Centimes (0.50)
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Obverse lettering CHAMBRE DE COMMERCE D'AGEN 0,fr50 Le Président, Le Trésorier
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Reverse lettering REMBOURSABLE AU TRÉSOR PUBLIC Ce billet, dont la contre-valeur est déposée au Trésor Public, devra être présenté au remboursement dans un délai de cinq ans, à dater du jour de l'émission. Il sera reçu par les Caisses publiques dans le département de Lot-et-Garonne. L'article 139 du Code pénal punit des travaux forcés à perpétuité ceux qui auront contrefait ou falsifié les billets.
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Comments

French chambers of commerce were authorized to issue emergency small-denomination notes during World War One to combat the near-total disappearance of coins from circulation — hoarding and metal requisition for the war effort stripped the country of small change almost overnight. Agen's chamber, serving the Lot-et-Garonne department, printed its own fractional currency under this framework, which remained in force well past the Armistice as coin shortages persisted into the early 1920s.

The JP# reference places this within the Jérôme Prieur catalog of French necessity coinage, the standard reference for this material. Watermarked paper was a minimal but deliberate anti-counterfeiting measure for notes that, in practice, circulated at very low face value in a provincial market.

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