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100 Francs overprint in capital letters

Issuer Institut d'Émission d'Outre-Mer
Year 1965-1971
Type Standard circulation banknote
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Obverse description Multicolour note with a central vignette of a native woman playing a string instrument at right, set against a port scene in the background. A native art motif and watermark inset circle appear at left. The overall design is executed in an engraved style typical of Banque de France production.
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Reverse description Multicolour reverse with a central vignette of a woman surrounded by lush foliage and flowers at left, complemented by native decorative motifs at right centre and bottom centre. An anti-counterfeiting warning appears in the lower left corner. The territorial overprint NOUVELLES-HÉBRIDES is applied in blue at top centre.
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Comments

The Institut d'Émission d'Outre-Mer was established in 1966 to manage currency for France's remaining overseas territories after the dissolution of the Institut d'Émission des Départements d'Outre-Mer's broader remit. This note is an overprinted adaptation of an existing Banque de France plate — the capitalized "CENT FRANCS" overprint signals a reissue for territorial circulation rather than a purpose-designed note, a common expedient when establishing a new issuing authority without commissioning entirely new intaglio work.

The pick number places it within a short series that was superseded relatively quickly as individual territories moved toward regional currency arrangements, limiting the issue window to roughly six years.

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