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50 Centimes - Chambre de Commerce d'Elbeuf 76

Issuer Chambre de Commerce d'Elbeuf
Year 1920
Type Local banknote
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Obverse lettering VILLE D'ELBEUF CHAMBRE DE COMMERCE D'ELBEUF 1920 1er MARS 1920 Emission approuvée par l'Autorité supérieure Garantie de la Ville de la Chambre de Commerce et du Syndicat de la Fabrique 0,50 Centimes Le Président de la Chambre de Commerce Le Président du Syndicat de la Fabrique Le Maire de la Ville d'Elbeuf
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Reverse lettering Le Trésor a reçu la contrepartie des Bons divisionnaires qui sont échangeables contre des Billets de la Banque de France. Le Remboursement définitif aura lieu dans un délai de trois ans à compter de la date de l'émission soit le 1er mars 1920.
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Comments

Elbeuf, a Seine-Maritime textile town, was among dozens of French provincial chambers of commerce authorized to issue emergency small change during and after the First World War, when metal coinage had effectively vanished from circulation. The central government's tolerance for this proliferation of local paper was pragmatic — by 1920 there were well over a thousand distinct chamber issues circulating across France, and Elbeuf's were among the more modest in ambition and production run.

JP#55-15/16 distinguishes two varieties, almost certainly differentiated by watermark type or paper stock rather than any visible design change — a distinction that catches out collectors who assume a single acquisition covers both Pick numbers.

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