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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
Type Local banknote
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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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Reverse lettering CINQUANTE CENTIMES Ces bons échangeables contre des billets de la Banque de France devront être présentés au remboursement, avant le 11 octobre 1921 sauf décision prorogeant ce délai.
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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.

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