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Live auction - 4310093 - 1000 Francs DJIBOUTI 1974 P.32

1000 Francs DJIBOUTI  1974 P.32 AU
1000 Francs DJIBOUTI  1974 P.32 AU1000 Francs DJIBOUTI  1974 P.32 AU
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All winning bids are subject to a 12% buyer’s fee.
Estimate : 400 €
Price : 270 €
Maximum bid : 300 €
End of the sale : 02 July 2019 14:53:24
bidders : 3 bidders
Face Value : 1000 Francs
Date: (1974)
Period/Provinces/Banks Djibouti. Territoire Français des Afars et des Issas
Catalogue reference : P.32
Alphabet - series : X.92 n°773
Detailed grade description : Un épinglage au centre

Historical background



The digging of the Suez Canal gave the Gulf of Aden unmatched strategic importance at the end of the Red Sea. The British controlled Aden, the French bought Obock in 1862 while Marseille owners settled in Tadjoura. In 1884, a French protectorate was spent with local potentates. It was the same with the Somali leaders. Colonel Lagarde Djibouti founded in 1888. The transfer of capital became in 1891 Obock in Djibouti. With colonial status in 1894, the area became known as French Somaliland in 1896.

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