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50 øre A/S Margarincentralen

Issuer A/S Margarincentralen
Year 1957
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Size 172 × 78 mm
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Obverse description Green guilloche underprint on cream paper, enclosed within a red rectangular border, with a broad outer margin bearing a continuous band of green East Asian characters. At right, a large red vignette of a Japanese torii gate carries the bold black denomination '50 ØRE' in gothic script across its uprights. At left, a white lotus flower vignette accompanies a red circular company seal bearing the interlocked initials 'MC', with coupon text and a facsimile signature of the managing director printed below.
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Reverse description Identical green guilloche underprint on cream paper within a red border, with the same outer margin of green East Asian characters. The large red torii gate vignette at right again carries the black gothic '50 ØRE' denomination, and the white lotus flower with red 'MC' company seal appears at left. The central text area addresses the retailer, with the facsimile signature of the managing director and a faint mirror-image impression visible from the obverse showing through the paper.
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Comments

A/S Margarincentralen was a Danish margarine cooperative, and this 50 øre note is a classic example of a Danish merchant or works token — issued by private commercial enterprises to manage small-change shortages during periods when low-denomination coins were scarce or impractical in high-volume retail transactions. Such notes had no legal tender status and circulated only within the issuing company's own commercial network.

1957 is relatively late for this type of private scrip in Denmark; most cooperative and merchant notes of this kind had been phased out by the early postwar years.

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