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Live auction - 4210367 - 5 Francs Palestine DJIBOUTI 1945 P.14

5 Francs Palestine DJIBOUTI  1945 P.14 VF
5 Francs Palestine DJIBOUTI  1945 P.14 VF5 Francs Palestine DJIBOUTI  1945 P.14 VF
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All winning bids are subject to a 18% buyer’s fee.
Estimate : 140 €
Price : 115 €
Maximum bid : 115 €
End of the sale : 17 April 2018 17:38:09
bidders : 2 bidders
Face Value : 5 Francs Palestine
Date: (1945)
Period/Provinces/Banks Impression en Palestine
Catalogue reference : P.14
Additional reference : K.629
Alphabet - series : S.29 n°0630
Signatures : Borduge, Baudouin

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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