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50 centimes - Chambre de Commerce de Villefranche-sur-Saône [69]

Issuer Chambre de Commerce de Villefranche-sur-Saône
Year 1918
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Printer X. Perroux & Fils, Mâcon, France
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Reverse lettering 50 Emission du 30 Juin 1918 50 centimes La contre-valeur est déposée au Trésor Le Remboursement aura lieu aux Caisses publiques, dans la circonscription de la Chambre de Commerce Le présent billet est valable jusqu'à l'expiration de l'année qui suivra la cessation des hostilités, cessation qui sera fixée par Décret.
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Protection type Watermark
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Comments

French Chambers of Commerce were authorized to issue emergency small-denomination notes during World War I to address a severe shortage of coin — silver and copper had been hoarded and melted, leaving everyday commerce paralyzed. Villefranche-sur-Saône's Chamber joined dozens of provincial issuers in filling that gap, with X. Perroux & Fils handling production out of Mâcon. The Perroux firm was a regional printer rather than a specialized security press, which shows in the relatively modest production values compared to notes from the larger Paris houses.

The JP#129.7 and .8 catalogue references indicate at least two distinct variants within this emission — typically reflecting date or signature differences on what is otherwise the same printed stock.

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