100 Francs - La Bourdonnais

The Caisse Centrale de la France d'Outre-Mer was established in 1944 as the financial instrument of the Free French administration, issuing currency across a patchwork of colonial territories that each required their own overprints or distinct series. This 100 Francs note, printed at the Banque de France's own workshops in Paris, circulated across multiple territories depending on the controlling overprint — the same base design served Réunion, Guadeloupe, Martinique, and others, which complicates attribution of any given surviving example.

Armanelli and Régnier were both accomplished intaglio engravers on the Banque de France's permanent staff, and the quality of the work reflects that institutional standard rather than any commercial contract printer.