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50 Centimes - Chambre de Commerce de Toulouse 31
| Issuer | Chambre de Commerce de Toulouse |
|---|---|
| Year | 1922 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Franc (1795-1959) |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | 50 Ce Billet échangeable contre des Billets de la Banque de France doit être présenté au remboursement avant le 31 Décembre 1924 sous peine de prescription passé ce délai. LES FONDS EN NANTISSEMENT SONT DÉPOSÉS SUIVANT CIRCULAIRE MINISTÉRIELLE AU COMPTE DU TRÉSOR DÉLIBÉRATION DU 8 MARS 1922 |
| Signature(s) | Log in to see details |
| Protection type | Watermark |
| Protection description | Log in to see details |
| Variants | Log in to see details |
| Comments |
French chambers of commerce were authorized to issue emergency small-denomination notes during and after the First World War to compensate for the near-total disappearance of metallic coinage from circulation. Toulouse's chamber was among dozens that exercised this right, with issues running well into the early 1920s as the coin shortage proved far more persistent than anticipated.
PhotoArt was a local Toulouse printer — not a specialized security printing house — and the production quality reflects that. The watermark is the primary security measure, which tells you something about the threat environment: these were genuinely utilitarian substitutes, not instruments anyone expected to forge.