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Live auction - 4370148 - 5 Francs Spécimen DJIBOUTI 1921 P.06as

5 Francs Spécimen DJIBOUTI  1921 P.06as UNC-
5 Francs Spécimen DJIBOUTI  1921 P.06as UNC-5 Francs Spécimen DJIBOUTI  1921 P.06as UNC-
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All winning bids are subject to a 18% buyer’s fee.
Estimate : 900 €
Price : 470 €
Maximum bid : 500 €
End of the sale : 07 April 2020 17:00:00
bidders : 4 bidders
Face Value : 5 Francs Spécimen
Date: (1921)
Period/Provinces/Banks Banque de l'Indochine
Catalogue reference : P.06as
Additional reference : KM.608a
Alphabet - series : O.000 n°000
Signatures : De Monplanet, Thion de la Chaume
Detailed grade description : Trace de trombone. 6 exemplaires gradés chez PMG, le plus haut grade attribué à ce jour est 68
Grade PMG 64EPQ

Commentary


Perforé ANNULÉ verticalement à droite. C'est la première fois que nous proposons ce spécimen avec cette signature.
Perforated CANCELED vertically on the right. This is the first time we have offered this specimen with this signature.

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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