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Banknote Billet France 50 centimes 1917

Ref. : NCB14510
Product type
Banknote
Date/Year
1917
Catalogue
Les Billets des Chambres de Commerce (Pir. 38.12)
Country
France
Quality
UNC
Face value
50 centimes
Eco-tax
Including eco-tax : €
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Description

This 50 centimes note was issued by the Chambre de Commerce de Carcassonne, the representative institution for trade and industry in the department of Aude. It bears the date of 30 April 1917, a period during which many French chambers of commerce were compelled to issue emergency currency due to the shortage of metallic coinage caused by the First World War.

This type of emergency note, commonly known as a "chamber of commerce note", was put into circulation to compensate for the lack of small change, as the constituent metals had been requisitioned for the war effort. The Chambre de Commerce de Carcassonne was thus one of the many local and regional institutions authorised to issue this type of temporary and locally valid paper money.

The presented example bears the mention « ANNULÉ » (CANCELLED), indicating that it was officially withdrawn from circulation and invalidated by the issuer. This cancellation overprint was generally applied when notes were withdrawn at the end of their validity period or during the liquidation of emergency issues, a common practice at the end of the war and in the years that followed. A cancelled note of this nature is of particular interest from a historical and documentary perspective, bearing witness to the administrative process of withdrawal from circulation.

These documents now constitute precious testimonies of local monetary organisation in times of crisis, reflecting the ability of French regional institutions to respond to the immediate economic needs of their territories during the First World War.

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