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Live auction - 4030423 - 500 Francs NEW CALEDONIA 1953 P.38

500 Francs NEW CALEDONIA  1953 P.38 F+
500 Francs NEW CALEDONIA  1953 P.38 F+500 Francs NEW CALEDONIA  1953 P.38 F+
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All winning bids are subject to a 12% buyer’s fee.
Estimate : 800 €
Price : 700 €
Maximum bid : 880 €
End of the sale : 07 October 2015 17:55:05
bidders : 2 bidders
Face Value : 500 Francs
Date: 08 mars 1938
Period/Provinces/Banks Banque de l'Indochine
Catalogue reference : P.38
Additional reference : KM.417a
Alphabet - series : K.3 n°741
Signatures : Marcel Borduge, Paul Baudouin
Detailed grade description : Très correct, petite écriture au recto

Historical background


New Caledonia was attached to the French Establishments in Oceania before becoming self-governing colony in 1860. Overseas Territory in 1946, she chose to keep this status in 1958 and 1972. The New Caledonia was discovered by Captain Cook in 1774. The French recognized the island during the Revolution. After the massacre of French sailors by the natives in 1853, France militarily seized the island and founded Noumea in 1854 under the name of Port-de-France. Until 1860, the New Caledonia depended Territories Oceania. French territory farther from the metropolis, the New Caledonia was an important penal colony between 1864 and 1896, especially for the Communards, such Louise Michel. She has significant mineral wealth, including nickel which served to make our coins half-franc piece of 5 francs.

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