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p04_0286 - 100 Francs DJIBOUTI 1915 P.03

100 Francs DJIBOUTI  1915 P.03 F+
100 Francs DJIBOUTI  1915 P.03 F+100 Francs DJIBOUTI  1915 P.03 F+
PAPIER MONNAIE 4 (2004)
Starting price : 1 200.00 €
Estimate : 2 200.00 €
Realised price : 1 256.00 €
Number of bids : 2
Maximum bid : 1 500.00 €
Face Value : 100 Francs
Date: 19 juin 1915
Period/Provinces/Banks Banque de l'Indochine
Catalogue reference : P.03
Additional reference : KM.605
Alphabet - series : H.2 n°961
Signatures : Baron Hely d'Oissel, Simon, caissier manuscrite
Detailed grade description : Joli

Commentary


De toute rareté émis, très jolie signature manuscrite.
Very rare issued, very pretty handwritten signature

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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