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50 Francs L'union de Limoges
| Issuer | Société Coopérative L'Union de Limoges |
|---|---|
| Year | 1920-1935 |
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| Composition | Log in to see details |
| Size | 180 x 103 mm |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Société Coopérative L'UNION DE LIMOGES BON POUR 50 FRANCS EN MARCHANDISES Le présent bon peut être utilisé dans tous les magasins de vente de la Société ou il sera reçu comme argent comptant LA COOPÉRATION C'EST LE PLUS GRAND BIEN POUR LE PLUS GRAND NOMBRE |
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| Reverse lettering | L'UNION DE LIMOGES SOCIÉTÉ CIVILE ANONYME COOPÉRATIVE A PERSONNEL ET CAPITAL VARIABLES FONDÉE A LIMOGES, LE 20 NOVEMBRE 1881 CONSTITUÉE DÉFINITIVEMENT LE 22 AOÛT 1886 Siège Social : 14, Rue de la Fonderie, LIMOGES L'Administrateur Délégué Le Caissier UN POUR TOUS TOUS POUR UN |
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| Comments |
L'Union de Limoges was a consumer cooperative — part of the broader French cooperative movement that proliferated in industrial towns during the early twentieth century. These societies frequently issued their own scrip not as emergency currency but as a functional loyalty mechanism: members spent the notes at cooperative shops, which kept money circulating within the membership rather than bleeding into competing commerce. The Limoges cooperative drew heavily from the city's porcelain and textile workforce.
Scrip of this type occupies an ambiguous legal position in French numismatic law. Technically not banknotes, such issues were tolerated by the Banque de France so long as they remained internal to the issuing body's membership — a line that was frequently blurred in practice.