Catalog
10 000 Francs
| Issuer | Banque de la République de Guinée |
|---|---|
| Year | 1958 |
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| Currency | Old franc (1959-1971) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANQUE DE LA RÉPUBLIQUE DE GUINÉE DIX MILLE FRANCS LE 2 OCTOBRE 1958 MINISTRE DE L'ÉCONOMIE GÉNÉRALE MINISTRE DES FINANCES TOUT CONTREFACTEUR SERA PUNI PAR LA LOI EN VIGUEUR 10000 |
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| Reverse lettering | DIX MILLE FRANCS 10000 |
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| Comments |
Guinea's 1958 independence from France created an immediate problem: the new republic needed its own currency fast, and Western printing houses weren't the obvious choice for a government aligned with Sékou Touré's pan-African socialist program. Státní tiskárna cenin in Prague — the Czechoslovak state security printer — was a natural partner for newly independent nations in the Soviet orbit, and Guinea became one of its early African clients.
The 10,000 franc denomination was the highest in the inaugural series, issued just as Guinea was establishing the Guinean franc as a replacement for the CFA franc after de Gaulle cut off all French financial assistance following the 1958 referendum.