Live auction - fco_760432 - DJIBOUTI 50 Centimes Chambre de Commerce de Djibouti 1921 Paris
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All winning bids are subject to a 18% buyer’s fee.
| Estimate : | 120 € |
| Price : | 87 € |
| Maximum bid : | 97 € |
| End of the sale : | 26 July 2022 19:14:15 |
| bidders : | 2 bidders |
Type : 50 Centimes Chambre de Commerce de Djibouti
Date: 1921
Mint name / Town : Paris
Quantity minted : -
Metal : bronze-aluminium
Diameter : 21 mm
Orientation dies : 6 h.
Weight : 3,97 g.
Edge : cannelée
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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