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E-auction 399-311809 - fco_637071 - MARTINIQUE Bon pour 1 Franc Colonie de la Martinique 1922 sans atelier

MARTINIQUE Bon pour 1 Franc Colonie de la Martinique 1922 sans atelier VF
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NO BUYER'S FEE.
Estimate : 30 €
Price : 22 €
Maximum bid : 22 €
End of the sale : 07 December 2020 16:42:30
bidders : 7 bidders
Type : Bon pour 1 Franc Colonie de la Martinique
Date: 1922
Mint name / Town : sans atelier
Quantity minted : 300000
Metal : nickel silver
Diameter : 26 mm
Orientation dies : 6 h.
Weight : 7,92 g.
Edge : lisse
Catalogue references :

Obverse


Obverse legend : RÉPUBLIQUE * FRANÇAISE // COLONIE DE LA / MARTINIQUE.
Obverse description : buste à gauche d’une femme richement parée.

Reverse


Reverse legend : CONTRE-VALEUR DÉPOSÉE AU TRÉSOR.
Reverse description : et dans le champ au centre d’une couronne BON POUR / 1 FRANC / 1922.

Historical background


MARTINIQUE

Initially populated by the Arawaks and then by the Caribbean, Martinique was discovered in 1502 by Christopher Columbus on his fourth voyage. In 1635, a first colony was established there in the name of the King of France and the Compagnie des Îles d'Amérique. The extension of the plantations led to the eradication of the indigenous Arawak populations. Towards the middle of the 17th century, the tobacco crisis ruined the small white planters and permanently installed an economy based on the monoculture of sugar cane in the hands of rich planters. Those in search of cheap labor turn to slavery. Between 1794 and 1802, then between 1809 and 1814, the Island was occupied by the English. In 1848, slavery was abolished. Planters then resort to indenture. Competing with beet production, this mono-industry was in crisis at the end of the 19th century. In 1902, the eruption of Mount Pelée completely destroyed the town of Saint-Pierre, killing 30,000 people. In 1946, the Island became an Overseas Department.

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