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50 Centimes - Chambre de Commerce de Cette 34

Issuer Chambre de Commerce de Cette
Year 1915
Type Local banknote
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Obverse lettering CHAMBRE DE COMMERCE DE CETTE DELIBERATION DU 11 AOUT 1915 APPROUVEE PAR LE MINISTRE DES FINANCES ET LE MINISTRE DU COMMERCE CINQUANTE CENTIMES SERIE AX 148 5,693 IMP B ARNAUD LYON PARIS
Reverse description The four corners each carry a large black numeral denomination panel reading 0.50 F, set within ornate circular cartouches. The central field displays a pale blue guilloche underprint repeating the issuer's name, over which the diagonal legend CINQUANTE CENTIMES is printed in large blue letterpress script. Two manuscript signatures appear — that of the President at the left and the Treasurer at the right — with the redemption clause printed in black letterpress above and below the signatures.
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Comments

Cette — the Mediterranean port town now called Sète — issued emergency fractional notes through its Chamber of Commerce during the acute coin shortage that gripped France in the early war years. By mid-1915, hoarding of metal coinage had stripped small denominations from circulation almost entirely, forcing hundreds of provincial chambers to print their own scrip. This note is one of that wave.

B. Arnaud of Villeurbanne, a Lyon-area printer with a long run in commercial and administrative work, handled the job. The JP# reference covers four distinct varieties within the series, differing in watermark or paper stock — distinguishing them requires careful examination under transmitted light.

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