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50 Centimes - Chambre de Commerce de Rouen

Issuer Chambre de Commerce de Rouen
Year 1915-1920
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Currency Franc (1795-1959)
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Reverse lettering ART. 4. - La Banque de France n`échangera pas pour une somme moindre de 20 francs. ART. 5. - En attendant la liquidation définitive des Bons, tout porteur de ces Bons pourra en exiger le remboursement à vue, lors- qu`il en présentera pour au moins Cent francs. Le remboursement à vue sera également exigible lorsque le porteur en présentera pour une somme inférieure à Cent francs, à condition de compléter la différence en Billets de la Banque de France ou en numéraire. ART. 6. - Le Conseil Municipal et la Chambre de Commerce détermineront l`époque de la liquidation de l`émission des Bons divi- sionnaires et leur remboursement définitif. ART. 7. - La contre-valeur des Bons divisionnaires non présentés à l`échange dans les trois mois qui suivront la date de l`arrêté de liquidation sera déposée à la Caisse Municipale. La Caisse Municipale sera tenue au remboursement de ces Bons pendant une année encore. Passé ce délai, les porteurs seront déchus de tous leurs droits.
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Protection description Watermark in the paper; orange guilloche underprint on reverse with two overlapping circular rosettes incorporating the numeral 50.
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Comments

French chambers of commerce became emergency issuers during World War One after the near-total disappearance of fractional coinage — hoarding stripped the country of small change within weeks of mobilization in August 1914. The Rouen chamber's series ran across multiple JP reference numbers because the notes were reissued repeatedly over a five-year window, with subtle variations in date, series letter, and overprint distinguishing each tranche. Imprimerie Richard was a workhorse commercial printer, not a specialist security firm, which is why the watermark represents essentially the only meaningful anti-counterfeiting measure in the design.

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