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50 Centimes - Région Economique du Centre

Issuer Région Economique du Centre
Year 1924
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Value 50 Centimes (0.50)
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Obverse description Brown and red letterpress note with an elaborate ornamental border of scrollwork and corner vignettes. A ribbon banner at the top carries the issuer title, while the large denomination numeral '50' and the word 'CENTIMES' are printed in bold red at centre, flanked on both sides by a green guilloche underprint bearing the repeated text 'REGION ECONOMIQUE DU CENTRE'. The names of the member towns are listed in two vertical columns along the left and right margins, and a green oval cartouche at the bottom contains the series and serial number.
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Protection description Watermark present in the paper substrate; exact motif not confirmed from catalog sources.
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Comments

France's post-WWI economic regions were administrative constructs created in 1919 to manage reconstruction and coordinate industrial recovery across war-disrupted departments. The Région Economique du Centre — covering the Loire basin and surrounding areas — was among the least industrially dominant of these groupings, which likely explains why its fractional emergency issues remain modestly documented. By 1924, most municipal and chamber of commerce emergency notes had already been retired across France; this issue appeared unusually late in the cycle.

B. Arnaud of Villeurbanne, a Lyon suburb, handled a significant volume of regional French emergency paper during this period. The JP#40-5/6 reference places this within a small series.

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