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50 Centimes - Chambre de Commerce de Rochefort-sur-Mer 17

Issuer Chambre de Commerce de Rochefort-sur-Mer
Year 1920
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Value 50 Centimes (0.50)
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Reverse description Dark green note dominated by a large underprint of the denomination '50 Centimes' in italic numerals across the centre field, surrounded by a guilloche border with circular '5me SERIE' medallions at each corner decorated with laurel sprays and '0,50' value indicators. The text body guarantees redemption at the Banque de France counters at Rochefort-sur-Mer in multiples of ten, with a deadline clause for presentation before 31 December 1925 printed in italic script below a decorative separator.
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Protection type Watermark, Official seal
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Comments

French chambers of commerce were authorized to issue emergency small-denomination notes beginning in 1914, when the hoarding of coins created acute shortages in everyday transactions. Rochefort-sur-Mer, as a major Atlantic naval base and arsenal town, had particular need for small-change substitutes given the wartime surge in dockyard activity. By 1920, that authorization had outlasted the war itself — these late issues were simply filling a gap that the Banque de France had still not managed to close in lower denominations.

Keller Frères in Angoulême handled a substantial share of provincial emergency note printing across the Charente region during this period.

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