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E-auction 422-334244 - b01_1518 - 5 Francs DJIBOUTI 1936 P.06b

5 Francs DJIBOUTI  1936 P.06b VF
5 Francs DJIBOUTI  1936 P.06b VF5 Francs DJIBOUTI  1936 P.06b VF
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NO BUYER'S FEE.
Estimate : 80 €
Price : 34 €
Maximum bid : 34 €
End of the sale : 17 May 2021 18:54:00
bidders : 6 bidders
Face Value : 5 Francs
Date: (1936)
Period/Provinces/Banks Banque de l'Indochine
Catalogue reference : P.06b
Additional reference : K.608d
Alphabet - series : S.62 n°174
Signatures : Borduge, Baudouin
Detailed grade description : Aplati

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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