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Live auction - 4660147 - 1000 Francs Épreuve DJIBOUTI 1979 P.37sp

1000 Francs Épreuve DJIBOUTI  1979 P.37sp UNC
1000 Francs Épreuve DJIBOUTI  1979 P.37sp UNC1000 Francs Épreuve DJIBOUTI  1979 P.37sp UNC
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All winning bids are subject to a 18% buyer’s fee.
Estimate : 300 €
Price : 161 €
Maximum bid : 161 €
End of the sale : 10 October 2023 15:00:27
bidders : 2 bidders
Face Value : 1000 Francs Épreuve
Date: (1979-2005)
Period/Provinces/Banks République - Banque Nationale
Catalogue reference : P.37sp
Additional reference : K.935
Alphabet - series : O.000 n°00000
Grade PMG 67EPQ

Commentary


Épreuve Spécimen non filigranée.

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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