1 New Franc Overprint on 100 Francs

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.