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50 Centimes - Chambre de Commerce d'Elbeuf 76

Issuer Chambre de Commerce d'Elbeuf
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Shape Rectangular
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Protection type Watermark
Protection description Repeated text watermark reading 'VILLE D'ELBEUF' and 'CHAMBRE DE COMMERCE' across the entire note surface.
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Elbeuf, a textile town on the Seine southeast of Rouen, was one of dozens of French provincial chambers of commerce that issued emergency small-denomination notes during the First World War when coin shortages became acute. The central government's copper and nickel were absorbed by the war effort, and local commerce ground against a near-total absence of change. These chambre de commerce issues filled that gap from roughly 1914 onward, with individual towns responsible for their own designs, paper procurement, and redemption guarantees.

JP#55-04 is catalogued among the Elbeuf series but detailed print run data for this specific type remains sparse. The watermark security was typical of the more carefully produced provincial issues — some chambers cut corners badly, others did not.

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