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50 Centimes - Chambre de Commerce des Deux-Sèvres 79
| Issuer | Chambre de Commerce des Deux-Sèvres |
|---|---|
| Year | 1920 |
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| Composition | Log in to see details |
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| In circulation to | Log in to see details |
| Reference(s) | JP#93-10 |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | CHAMBRE DE COMMERCE DES DEUX-SÈVRES Délibération du 13 Novembre 1920 50 CENTIMES Le Trésorier Le Président Série 17 IMP. B. ARNAUD LYON_PARIS |
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| Protection type | Watermark |
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| Comments |
The Chambres de Commerce emergency issues of 1914–1925 filled a gap that the Banque de France couldn't — small denomination token currency that actually moved in local trade. Deux-Sèvres, a predominantly rural department in the Poitou-Charentes, had no major industrial anchor, so its chamber's notes circulated heavily in agricultural market towns like Niort and Parthenay.
Imprimerie Arnaud of Lyon was among the most prolific printers of French chambre de commerce nécessité notes, supplying dozens of departments during this period. Watermarking on these small-format issues was often inconsistently applied across print runs, making paper variety a legitimate collecting consideration within the JP#93 series.