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1 New Franc Overprint on 100 Francs

Issuer Caisse Centrale de la France d'Outre-Mer
Year 1960
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Value 1 New Franc (1 FRF)
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Reverse description Multicolour intaglio design centred on a profile vignette of a woman at right, set against a mountainous landscape background. Red letterpress overprint GUADELOUPE is applied at left, right and upper centre. Engraver and designer credits W. FEL. FEC. and G. REGNIER SC. appear in the lower margin alongside the statutory counterfeiting warning in French.
Reverse lettering GUADELOUPE CAISSE CENTRALE DE LA FRANCE D'OUTRE-MER 100 CENT FRANCS L'ART 139 DU CODE PÉNAL PUNIT DES TRAVAUX FORCES A PERPÉTUITÉ CEUX QUI AURONT CONTREFAIT OU FALSIFIÉ LES BILLETS DE BANQUE AUTORISÉES PAR LA LOI W. FEL. FEC. G. REGNIER SC.
(Translation: Guadeloupe Central Fund of Overseas France Hundred Francs Article 139 of the Penal Code punishes with forced labour in perpetuity those who have counterfeited or falsified bank notes authorised by law.)
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Comments

When France decimalized its currency in January 1960, converting 100 old francs to 1 new franc, the Caisse Centrale faced the practical problem of replacing its entire overseas stock simultaneously. The solution was a provisional overprint — one of the more administratively convenient options, though it left circulating notes that mixed two denomination systems on a single piece of paper.

Armanelli and Régnier were both staff engravers at the Banque de France, not freelancers, which was entirely typical for CCFOM issues of this period. The overprint itself was applied in Paris before distribution, not in the territories.

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