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50 Centimes - Chambres de commerce d'Alençon et de Flers [61]

Issuer Chambres de Commerce d'Alençon et de Flers
Year 1923
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Shape Rectangular
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Obverse description Green note with an ornate guilloche border of floral and foliate motifs framing the central field. The issuing authority 'CHAMBRES DE COMMERCE D'ALENÇON ET DE FLERS, ORNE' is set in letterpress above the large denomination inscription '50 Centimes', with two small circular vignettes bearing armorial devices flanking the central text; facsimile signatures of the presidents of each Chamber of Commerce appear below the respective vignettes. The deliberation date of 10 August 1919 is printed in the upper field, with a redemption clause referencing the Banque de France below the denomination.
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Reverse description Green note with a uniform guilloche border of floral and foliate ornament matching the obverse design. The denomination '50c.' appears in the upper left, while a detailed redemption clause in letterpress type occupies the central field, specifying the conditions and deadline for exchange at the Alençon and Flers branches of the Banque de France. The value '0 fr. 50 c.' is printed at the foot of the note.
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Comments

The Chambres de Commerce d'Alençon et de Flers operated as a joint issuing authority — an arrangement that was itself a product of the post-WWI emergency note system in France, where local commercial chambers were authorized to fill the coin shortage that had persisted well beyond the Armistice. By 1923 that shortage was finally easing nationally, which makes late-dated examples from this series among the last gasps of a system that had long overstayed its welcome.

The Flers chamber's inclusion reflects the textile industry weight of the Orne département — Flers was a significant cotton-weaving center and its commercial interests warranted equal billing on the note's authority line.

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