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10 Nouveaux Francs / New Francs Overprint on P#27 - 500 Francs
| Issuer | Caisse Centrale de la France d'Outre-Mer |
|---|---|
| Year | 1964 |
| Type | Standard circulation banknote |
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|---|---|
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| Reverse lettering | CAISSE CENTRALE DE LA FRANCE D'OUTRE-MER SAINT-PIERRE ET MIQUELON L'ARTICLE 139 DU CODE PÉNAL PUNIT DES TRAVAUX FORCÉS CEUX QUI AURONT CONTREFAIT OU FALSIFIÉ LES BILLETS DE BANQUE AUTORISÉES PAR LA LOI C. SERVEAU FEC. HOURRIEZ SC. (Translation: Central Cash from France Overseas Saint-Pierre and Miquelon Article 139 of the Penal Code punishes with Forced Labour those who have counterfeited or falsified Banknotes authorized by Law) |
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| Protection type | Watermark |
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| Comments |
The Caisse Centrale de la France d'Outre-Mer issued these overprinted notes as a direct consequence of the 1960 metropolitan reform that redenominated the franc at 100 old to 1 new. Applying the overprint to existing P#27 stock was a practical stopgap — printing entirely new plates for overseas territories took time and resources the Caisse wasn't inclined to commit when a rubber stamp would do the same accounting work.
Serveau's original composition dates from the late 1940s, with engraving split between Beltrand on the face and Hourriez on the reverse — a division of labor typical of Banque de France production discipline. The overprint itself is the note's entire reason for existing in this form.