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50 Centimes - Chambre de Commerce de Paris

Issuer Chambre de Commerce de Paris
Year 1920
Type Local banknote
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Obverse description The issuing authority's name is printed across the top of the note within a decorative border. To the left of centre, a circular vignette contains a portrait, while the denomination in words and numerals appears to the right. The signatures of the Treasurer and President are printed below, with the serial number at the foot of the note.
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Reverse description The reverse is printed in red on a fine guilloche underprint within an ornate letterpress border with foliate corner devices. A central diamond-shaped vignette contains the large numeral denomination "0.50", flanked on each side by the monogram "CC" in gothic script. A redemption guarantee is inscribed in two lines across the top, and the authorising deliberation text appears at the foot.
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Comments

The Paris Chamber of Commerce emergency notes were born out of a coin shortage that gripped France from the early war years onward. By 1920, small change was still so scarce that commercial chambers across the country — not just Paris — had been issuing their own fractional notes for several years, filling a gap the Banque de France and the Treasury had failed to close. The Paris series ran through an extraordinary number of sub-varieties, which the JP reference range here reflects accurately.

Collectors should note that the sheer volume of types and dates within this series makes precise sub-variety attribution genuinely difficult without direct reference to Jérôme Picard's classifications.

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