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50 Centimes - Chambre de Commerce de Châlon-sur-Saône, Autun et Louhans 71
| Issuer | Chambre de Commerce de Chalon-sur-Saône, Autun et Louhans |
|---|---|
| Year | 1916 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
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| Reference(s) | JP#42-08/09 |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | CHAMBRE DE COMMERCE DE CHALON-S.-SAÔNE, AUTUN & LOUHANS DÉLIBÉRATION DU 10 OCTOBRE 1916 50 Centimes Le Trésorier Le Président Série 294 1,809 IMP. B.ARNAUD LYON PARIS |
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| Protection type | Watermark |
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| Comments |
French chambers of commerce were authorized to issue emergency small-denomination notes from 1914 onward as the war drained metallic coinage from circulation almost immediately — silver and nickel disappeared fast, hoarded or melted. The Châlon-sur-Saône, Autun et Louhans chamber covered a notably fragmented commercial geography, spanning three distinct towns across the Saône-et-Loire, which was unusual for these regional issues and reflected pre-existing administrative arrangements rather than any wartime expedience.
B. Arnaud of Villeurbanne handled a considerable volume of these provincial emergency issues out of Lyon, and the watermark security was modest by design — adequate for local trust, not for forgery resistance at scale.