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50 Cents

Emittent Banque de l'Indo-Chine
Jahr 1920-1923
Typ Standard circulation banknote
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Vorderseitenbeschreibung Salmon-red note with an ornate border enclosing two tall Indochinese pagoda-style pillars flanking the central text panel, with denomination numerals '50' at lower left and right corners. The bank title 'BANQUE DE L'INDO-CHINE' is set at the top within a decorative guilloche frame, with the large denomination '50 CENTS' printed in bold intaglio at centre. Two serial numbers appear above and below the central vignette, with spaces for two manuscript signatures of bank officials at the foot of the design, attributed to the designer G. Fraipont.
Vorderseitenlegende BANQUE DE L'INDO-CHINE 50 CENTS PAYABLES AU PORTEUR EN INDO-CHINE EN ESPÈCES Un Administrateur L'Administrateur Directeur G. FRAIPONT
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Anmerkungen

The Banque de l'Indo-Chine issued this fractional note to address a chronic small-change shortage that plagued Indochina throughout the early 1920s — a problem partly caused by the hoarding of metal coinage during and after the First World War. Paper fractions below one piastre were a practical stopgap rather than a considered monetary instrument, and the 50 Cent denomination was among the lowest the bank ever printed on paper.

Imprimerie Chaix was a Paris commercial printer better known for railway timetables and posters than for security printing — an unusual choice that reflects the ad hoc nature of the issue. Gustave Fraipont, whose design credit appears on the plate, was primarily an illustrator and poster artist of the Belle Époque.