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The 50 centime banknote issued by the Compagnie de Béthune, dated January 15, 1917, is part of the context of emergency issues in France during the First World War. These issues were a response to the shortage of small denomination currency caused by the mobilization of metals and the growing need for liquidity.
This banknote belongs to Series 4. The face value is clearly indicated as 50 CENTIMES.
It should be noted that this type of banknote falls within a specific period, that of the "Common and City Necessities 1914-1918", reflecting the economic and monetary difficulties encountered during the conflict. The Compagnie de Béthune, as the issuer, contributed to facilitating local exchanges by compensating for the lack of official currency.
The absence of a centralized issuing institution highlights the decentralized and local nature of these emergency issues. The mention of the Compagnie de Béthune highlights the involvement of local economic actors in managing the monetary crisis.