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50 centimes - Chambre de Commerce de Montauban [82]

Issuer Chambre de Commerce de Montauban
Year 1921
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Value 50 Centimes (0.50)
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Obverse description Blue letterpress note with a decorative guilloche border enclosing the issuing authority title at the top and the large denomination numeral and text centred in the field. The arms of Montauban appear as a central vignette beneath the serial number, flanked by the manuscript signatures of the Trésorier and the Président. The printer's imprint and the expiry date appear along the lower margin, with anti-counterfeiting legend at the base.
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Reverse description Blue letterpress note with a decorative border of foliate and architectural ornament. The upper portion carries the centenary inscription for the creation of the Tarn-et-Garonne department with the dates 1808–1908, above a large allegorical vignette after Louis Oury showing classical figures reclining before an arched stone bridge. The denomination '50c.' appears in circular cartouches at left and right, with the redemption and guarantee clauses in small text along the lower margin.
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Comments

French chambers of commerce were authorized to issue small-denomination emergency notes following the coin shortages of World War I, and many continued doing so well into the early 1920s as the shortage dragged on longer than anticipated. The Montauban chamber's series was printed by L. Cassan Aîné, a regional Toulouse firm — a practical choice over the Paris-based specialists used by larger cities, and one that kept costs local.

Louis Oury designed the note, a relatively rare attribution for a provincial issue of this type. By 1921, most chambers were winding down their emissions; this issue sits near the tail end of the phenomenon.

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