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Live auction - 4510176 - 0,05 Franc DJIBOUTI 1919 P.-

0,05 Franc DJIBOUTI  1919 P.- UNC
0,05 Franc DJIBOUTI  1919 P.- UNC0,05 Franc DJIBOUTI  1919 P.- UNC
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All winning bids are subject to a 18% buyer’s fee.
Estimate : 800 €
Price : 620 €
Maximum bid : 620 €
End of the sale : 04 January 2022 16:33:20
bidders : 3 bidders
Face Value : 0,05 Franc
Date: (1919)
Period/Provinces/Banks Chambre de Commerce de Djibouti
Catalogue reference : P.-
Additional reference : GB.01

Commentary


Noir sur carton crème. Texte en cursives. Référencé en R6 dans le livre de M.Bayle, c'est la première fois que nous proposons un exemplaire de cette émission..
Black on cream cardboard. Cursive text. Referenced as R6 in Mr. Bayle's book, this is the first time we've offered a example of this issue.

Historical background


DJIBOUTI

The opening of the Suez Canal gave the Gulf of Aden an unequaled strategic importance at the exit from the Red Sea. The English controlled Aden, the French bought Obock in 1862 while Marseille shipowners settled in Tadjoura. In 1884, a French protectorate was passed with the local potentates. The same was done with the Somali chiefs. Colonel Lagarde founded Djibouti in 1888. The capital was transferred in 1891 from Obock to Djibouti. Having colony status in 1894, the region took the name of Côte Française des Somalis in 1896.

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