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Live auction - 532598 - 20 Francs Spécimen DJIBOUTI 1941 P.07Bs

20 Francs Spécimen DJIBOUTI  1941 P.07Bs UNC
20 Francs Spécimen DJIBOUTI  1941 P.07Bs UNC20 Francs Spécimen DJIBOUTI  1941 P.07Bs UNC
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All winning bids are subject to a 18% buyer’s fee.
Estimate : 1 950 €
Price : 1 300 €
Maximum bid : 1 300 €
End of the sale : 15 April 2025 18:45:33
bidders : 1 bidder
Face Value : 20 Francs Spécimen
Date: (1941)
Period/Provinces/Banks Banque de l'Indochine
Catalogue reference : P.07Bs
Additional reference : K.612
Alphabet - series : 0.000 n°000
Signatures : Paul Baudouin, Jean Laurent
Grade PMG 66EPQ

Commentary


Perforé SPECIMEN dans le filigrane.
Perforated SPECIMEN in the watermark

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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