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50 Centimes - Chambre de Commerce d'Auxerre [89]
| Issuer | Chambre de Commerce d'Auxerre |
|---|---|
| Year | 1916-1917 |
| Type | Local banknote |
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|---|---|
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| Protection type | Watermark |
| Protection description | Without watermark |
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| Comments |
The Chambres de Commerce emergency issues of 1914–1918 exist because the French state catastrophically misjudged the war's length and hoarded coin from the first weeks of mobilization. Auxerre's chamber, like dozens of others across France, was legally authorized under a 1914 decree to fill the fractional currency vacuum locally. B. Arnaud of Villeurbanne — a specialist in commercial printing who supplied multiple regional chambers during this period — produced the series, with distribution routed through Lyon and Paris.
Six JP reference numbers (11 through 16) cover this single denomination, reflecting the multiple emission dates across 1916–1917 as the shortage dragged on well past any optimistic forecast.