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Live auction - 4300053 - 5000 Francs Épreuve DJIBOUTI 1979 P.38sp

5000 Francs Épreuve DJIBOUTI  1979 P.38sp UNC
5000 Francs Épreuve DJIBOUTI  1979 P.38sp UNC5000 Francs Épreuve DJIBOUTI  1979 P.38sp UNC
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All winning bids are subject to a 18% buyer’s fee.
Estimate : 200 €
Price : 135 €
Maximum bid : 135 €
End of the sale : 07 May 2019 14:30:21
bidders : 3 bidders
Face Value : 5000 Francs Épreuve
Date: (1979-2002)
Period/Provinces/Banks République - Banque Nationale
Catalogue reference : P.38sp
Additional reference : K.938
Alphabet - series : O.00 n°00000
Signatures : Luc Aden

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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