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50 Centimes - Chambre de Commerce de Calais 62

Issuer Chambre de Commerce de Calais
Year 1916
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Value 50 Centimes (0.50)
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Reverse lettering 0F.50 REMBOURSEMENT EN BILLETS DE LA BANQUE DE FRANCE UN AN APRÈS LA SIGNATURE DE LA PAIX. DANS UN DÉLAI DE CINQ ANS APRÈS CETTE DATE, TOUS LES BILLETS ENCORE EN CIRCULATION DEVRONT ÊTRE PRÉSENTÉS AU REMBOURSEMENT.
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Protection description Watermarked paper; repeated text 'CHAMBRE DE COMMERCE DE CALAIS' visible as an underprint across the note field.
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Comments

French chambers of commerce were authorized to issue emergency small-denomination notes during WWI to address the acute shortage of coin — silver and copper had been hoarded or redirected to the war effort almost immediately after mobilization in August 1914. Calais was under particular pressure: a major Channel port handling enormous Allied supply traffic, the town's commercial life depended on functioning small change in a way that a quieter inland city might not.

B. Arnaud of Villeurbanne printed for numerous provincial chambers during this period, and the JP#36-21 through 24 sequence reflects the multiple issue dates or control variants within this 50 centimes type rather than design changes.

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