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Live auction - 4180291 - 20 Francs Spécimen DJIBOUTI 1932 P.07as

20 Francs Spécimen DJIBOUTI  1932 P.07as UNC-
20 Francs Spécimen DJIBOUTI  1932 P.07as UNC-20 Francs Spécimen DJIBOUTI  1932 P.07as UNC-
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All winning bids are subject to a 18% buyer’s fee.
Estimate : 700 €
Price : 400 €
Maximum bid : 410 €
End of the sale : 02 January 2018 16:48:32
bidders : 2 bidders
Face Value : 20 Francs Spécimen
Date: (1932)
Period/Provinces/Banks Banque de l'Indochine
Catalogue reference : P.07as
Additional reference : KM.610a
Alphabet - series : 0.00 n°000
Signatures : Thion de la Chaume, Baudouin

Commentary


Perforé SPECIMEN verticalement à 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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