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50 Centimes Chambre de commerce

Issuer Chambre de Commerce de Djibouti
Year 1920
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Reference(s) KM#Tn1; Lec#95
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Reverse script Latin
Reverse lettering 50 c
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Additional information

Djibouti's Chambre de Commerce began issuing its own token coinage in 1920 precisely because the French colonial monetary supply was chronically inadequate for small retail transactions — French Somaliland had no local mint and depended entirely on imported specie that rarely filtered down to low-denomination circulation. These chamber issues filled that gap as a matter of commercial necessity, not official policy.

The nickel-zinc alloy reflects wartime and postwar metal constraints that continued shaping small-denomination coinage well into the early 1920s.

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