Live auction - 4430504 - 1000 Francs DJIBOUTI 1938 P.10
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All winning bids are subject to a 18% buyer’s fee.
| Estimate : | 120 € |
| Price : | 201 € |
| Maximum bid : | 201 € |
| End of the sale : | 05 January 2021 20:07:56 |
| bidders : | 8 bidders |
Face Value : 1000 Francs
Date: (1938)
Period/Provinces/Banks Banque de l'Indochine
Catalogue reference : P.10
Additional reference : K.617
Alphabet - series : B.1 n°635
Signatures : Borduge, Baudouin
Detailed grade description : Petits manques à l'épinglage, tache de rouille au verso, quelques rousseurs et d'infimes manques en marges, légèrement aplati. Correct
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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