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Live auction - 523042 - 1000 Francs DJIBOUTI 1991 P.37e

1000 Francs DJIBOUTI  1991 P.37e UNC
1000 Francs DJIBOUTI  1991 P.37e UNC1000 Francs DJIBOUTI  1991 P.37e UNC
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All winning bids are subject to a 18% buyer’s fee.
Starting price : 20 €
Estimate : 40 €
Price : 20 €
Maximum bid : 20 €
End of the sale : 26 November 2024 15:18:11
bidders : 1 bidder
Face Value : 1000 Francs
Date: (1991)
Period/Provinces/Banks République - Banque Nationale
Catalogue reference : P.37e
Alphabet - series : T.004 n°46418
Detailed grade description : Infime trace en marge gauche

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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1000 Francs DJIBOUTI  1991 P.37e UNC
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