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Live auction - 4130014 - 20 Francs Épreuve DJIBOUTI 1932 P.07ap

20 Francs Épreuve DJIBOUTI  1932 P.07ap AU
20 Francs Épreuve DJIBOUTI  1932 P.07ap AU20 Francs Épreuve DJIBOUTI  1932 P.07ap AU
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All winning bids are subject to a 18% buyer’s fee.
Estimate : 1 800 €
Price : 1 710 €
Maximum bid : 2 100 €
End of the sale : 16 May 2017 14:09:08
bidders : 3 bidders
Face Value : 20 Francs Épreuve
Date: (1932)
Period/Provinces/Banks Banque de l'Indochine
Catalogue reference : P.07ap
Additional reference : KM.610a-
Alphabet - series : O.000 n°000
Signatures : Thion de la Chaume, Baudouin

Commentary


Deux épreuves unifaces (recto seul et verso seul), sur papier fiduciaire grandes marges, sans filigrane, collées sur page cartonnée à fenêtres. Avec signatures et numérotation. En marge signature manuscrite du graveur : E.Deloche sur le recto.
Two single-sided proofs (front only and back only), on wide-margined trust paper, without watermark, glued onto a cardboard page with windows. With signatures and numbering. In the margin, handwritten signature of the engraver: E.Deloche on the front

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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