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Live auction - 4090600 - 100 Francs DJIBOUTI 1920 P.04b

100 Francs DJIBOUTI  1920 P.04b P
100 Francs DJIBOUTI  1920 P.04b P100 Francs DJIBOUTI  1920 P.04b P
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Estimate : 250 €
Price : no bid
Maximum bid : no bid
End of the sale : 22 November 2016 19:38:40
Face Value : 100 Francs
Date: 02 janvier 1920
Period/Provinces/Banks Banque de l'Indochine
Catalogue reference : P.04b
Additional reference : KM.607
Alphabet - series : U.6 n° 988
Signatures : Baron Hely d'Oissel, Simon, caissier de la succursale manuscrite
Detailed grade description : Manques

Commentary


Le billet d'origine est daté du 11 mars 1914, en contradiction avec la note du KM Indochine. Provient de Papier-Monnaie IV (vente Dr. Kolsky) lot 289.
The original note is dated March 11, 1914, in contradiction with the note from the KM Indochina. From Papier-Monnaie IV (Dr. Kolsky sale) lot 289

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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