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100 Francs with 'RÉPUBLIQUE FRANÇAISE' overprint

Issuer Institut d'Émission d'Outre-Mer
Year 1971-1973
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Currency CFP Franc (1945-date)
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Reverse lettering INSTITUT D'ÉMISSION D'OUTRE-MER PAPEETE L'ARTICLE 139 DU CODE PÉNAL PUNIT DE LA RÉCLUSION CRIMINELLE À PERPÉTUITÉ CEUX QUI AURONT CONTREFAIT OU FALSIFIÉ LES BILLETS DE BANQUE AUTORISÉS PAR LA LOI.
(Translation: Overseas Emission Institute Papeete. Article 139 of the Penal Code punishes with life imprisonment those who counterfeit or falsify banknotes authorized by law.)
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Protection type Watermark
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Comments

The Institut d'Émission d'Outre-Mer was established in 1966 to manage currency for France's remaining Pacific territories after the dissolution of earlier colonial monetary arrangements. The "RÉPUBLIQUE FRANÇAISE" overprint on this note was applied to distinguish issues circulating in the Territorial Collectivities from metropolitan French francs — a bureaucratic solution to the persistent problem of maintaining separate currency pools across far-flung island groups sharing a common peg to the CFP franc.

Banque de France handled production throughout the series, as it did for virtually all IEOM issues of this period.

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