This is a French Third Republic 50 Centimes token issued by the Chambres de Commerce de France (Chambers of Commerce of France). The obverse features a seated allegorical figure of Mercury/Commerce holding a caduceus, with the inscription 'COMMERCE INDUSTRIE' and the date 1924, designed by Domard. The reverse reads 'BON POUR 50 CENTIMES' surrounded by 'CHAMBRES DE COMMERCE DE FRANCE,' indicating this was an emergency currency token issued during the post-WWI coinage shortage.