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50 Centimes - Chambre de Commerce de Besançon and du Doubs 25
| Issuer | Chambre de Commerce de Besançon et du Doubs |
|---|---|
| Year | 1921 |
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| Composition | Log in to see details |
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| Printer | B. Arnaud, Villeurbanne, France (1898-1990) |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse lettering | CE BILLET ÉCHANGEABLE CONTRE DES BILLETS DE LA BANQUE DE FRANCE DEVRA ÊTRE PRÉSENTÉ AU REMBOURSEMENT AVANT LE 1er AOÛT 1924, SAUF DÉCISION PROROGEANT CE DÉLAI. CINQUANTE CENTIMES |
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| Protection type | Watermark |
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| Comments |
French chambers of commerce were authorized to issue emergency small-denomination notes during and after World War I to compensate for the chronic disappearance of coins from circulation — hoarding and metal requisitions had gutted the fractional coinage supply well before the Armistice. By 1921, most chambers were winding these series down, making late-date issues like this one shorter-lived in circulation than their wartime predecessors. Arnaud, based in Villeurbanne near Lyon, handled a substantial share of provincial French emergency note printing during this period.