Live auction - 4330324 - 20 Francs Spécimen DJIBOUTI 1941 P.07Bs
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All winning bids are subject to a 18% buyer’s fee.
All winning bids are subject to a 18% buyer’s fee.
| Estimate : | 800 € |
| Price : | 991 € |
| Maximum bid : | 991 € |
| End of the sale : | 01 October 2019 17:01:14 |
| bidders : | 5 bidders |
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 58
Commentary
Billet filigrané. Quatre perforations.
Watermarked ticket. Four perforations.
Watermarked ticket. Four perforations.
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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