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p04_0282 - 20 Francs DJIBOUTI 1921 P.04B

20 Francs DJIBOUTI  1921 P.04B VG
20 Francs DJIBOUTI  1921 P.04B VG20 Francs DJIBOUTI  1921 P.04B VG
PAPIER MONNAIE 4 (2004)
Starting price : 1 000.00 €
Estimate : 2 000.00 €
unsold lot
Face Value : 20 Francs
Date: 03 janvier 1921
Period/Provinces/Banks Banque de l'Indochine
Catalogue reference : P.04B
Additional reference : KM.604
Alphabet - series : A.5 n°101
Signatures : De Monplanet, Thion de la Chaume

Commentary


D'une insigne rareté émis, non illustré dans le KM.

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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