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50 Centimes - Chambre de Commerce de Limoges 87

Issuer Chambre de Commerce de Limoges
Year 1923
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Currency Franc (1795-1959)
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Obverse description Yellow and red letterpress note with an ornate guilloche border. The issuer's title appears in a central cartouche at top, flanked by denomination numerals in the corners. Two intaglio vignettes at lower left and lower right show local Limoges buildings, with a central monogram medallion between them; three manuscript signatures appear across the centre field.
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Reverse lettering CE BILLET, GARANTI PAR DÉPÔT D'ÉGALE SOMME AU TRÉSOR PUBLIC, DEVRA ÊTRE PRÉSENTÉ AU REMBOURSEMENT AVANT LE 1er JANVIER 1923
IMP. P. DUMONT A LIMOGES
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Comments

French chambers of commerce were authorized to issue emergency small-change notes during and after the First World War to compensate for the hoarding and disappearance of coins from circulation. Limoges kept its chamber of commerce issues going into the early 1920s well after many other regional issuers had wound down, reflecting how stubbornly the small-denomination coin shortage persisted in provincial commerce.

Printed locally by Pierre Dumont rather than one of the major Parisian security printers, the JP#73.23 is one of several Limoges fractional issues from this period that circulated primarily within the Haute-Vienne département.

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