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Banknote Billet France 50 centimes 1917

Ref. : NCB14591
Product type
Banknote
Date/Year
1917
Catalogue
Les Billets des Chambres de Commerce (Pir. 90.13)
Country
France
Quality
XF+
Face value
50 centimes
Eco-tax
Including eco-tax : €
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Description

Remarks:

tâche noir et marques de manipulation

Filigrane: Abeilles

Délibération: 22-02-1917

This 50 centimes note was issued by the Chambre de Commerce de Nevers in 1917, in the context of the First World War, a period during which many French chambers of commerce were authorised to issue emergency notes in order to compensate for the shortage of metallic currency. These local issues, known as emergency money, played an essential role in regional fiduciary circulation.

This note belongs to the 2nd series, referenced under number 170. It bears the mention "Annulé" (Cancelled), indicating that it was officially withdrawn from circulation and invalidated by the issuing authority, the Chambre de Commerce de Nevers. This cancellation mark was generally applied by perforation, overprint or stamp, in order to prevent any fraudulent reuse of the note after its withdrawal from monetary circulation.

The Chambre de Commerce de Nevers, a representative institution of the economic and commercial circles of the city of Nevers and its surrounding region, in the department of Nièvre, was empowered to guarantee the value of these denominations and to ensure their reimbursement to holders. These local notes circulated primarily within the territory of competence of the issuing chamber.

The face value of 50 centimes corresponds to an intermediate denomination, intended to facilitate daily transactions in the absence of metal coins, whose production was severely disrupted by the demands of the war economy. These regional emergency notes today constitute precious historical testimonies of local economic organisation in times of conflict.

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