The 50 Centimes 1920, issued in Angoulême, is a regional emergency banknote created to address the shortage of small change in post-World War I France. During this period, many local governments and chambers of commerce issued such notes to maintain economic stability and facilitate daily transactions.
The obverse features a clear and practical design, with the denomination "50 CENTIMES" prominently displayed. Official stamps, the issuing authority, and signatures authenticate the note for circulation within Angoulême and its surrounding areas.
The reverse is typically blank or minimally decorated, as these emergency banknotes were intended for short-term use until the national currency supply stabilized.
Printed on lightweight paper, this post-war emergency banknote is a valuable piece of French numismatic history, reflecting the financial measures taken at a regional level during economic uncertainty. A great addition for collectors of French regional currency and early 20th-century emergency issues.
📌 Note: The serial number on the banknote may vary.
