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Live auction - fco_959911 - DJIBOUTI 5 Centimes Chambre de Commerce de Djibouti 1921 Paris

DJIBOUTI 5 Centimes Chambre de Commerce de Djibouti 1921 Paris AU
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All winning bids are subject to a 18% buyer’s fee.
Starting price : 150 €
Estimate : 300 €
Price : 150 €
Maximum bid : 150 €
End of the sale : 10 December 2024 17:59:35
bidders : 1 bidder
Type : 5 Centimes Chambre de Commerce de Djibouti
Date: 1921
Mint name / Town : Paris
Quantity minted : -
Metal : aluminium
Diameter : 19,50 mm
Orientation dies : 6 h.
Weight : 0,91 g.
Edge : lisse
Catalogue references :

Obverse


Obverse legend : CHAMBRE DE COMMERCE // + DJIBOUTI +.
Obverse description : antilope.

Reverse


Reverse legend : 50 CMES.
Reverse description : dans le champ entouré par une couronne d’épis.

Historical background


DJIBOUTI

(1888-1894)

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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