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50 Centimes Brown

Issuer Chambre de Commerce d'Oran
Year 1920
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In circulation to Yes
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Obverse lettering CHAMBRE DE COMMERCE D'ORAN
Cinquante Centimes
0,50
Le Président
Le Trésorier
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Reverse lettering 0,50
CHAMBRE DE COMMERCE D'ORAN
Délibération du 4 Fevrier 1920
Imp Moullot Marseille
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Comments

Oran's Chamber of Commerce resorted to locally authorized emergency paper in the years following World War I, when small-denomination coin shortages across French Algeria made daily commerce genuinely difficult. These chambres de commerce issues were a widespread French and colonial phenomenon of the period — the central authorities tolerated them as a practical stopgap, not a formal monetary arrangement.

Moullot & fils aîné, the Marseille firm that printed this note, was a commercial lithographer rather than a specialist security printer. The relative modesty of the production reflects that — anti-counterfeiting measures were limited.

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