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100 Francs without "RÉPUBLIQUE FRANÇAISE" overprint

Issuer Institut d'Émission d'Outre-Mer
Year 1969
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Value 100 Francs (100 XPF)
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Obverse lettering INSTITUT D'ÉMISSION
D'OUTRE-MER
100

CENT FRANCS
(Translation: Overseas Emission Institute
Hundred Francs)
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Protection type Watermark
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Comments

The Institut d'Émission d'Outre-Mer was established in 1966 to serve France's remaining overseas territories following the dissolution of earlier colonial monetary arrangements. This note belongs to a transitional period when the IEOM was still standardizing its issues, and the absence of the "RÉPUBLIQUE FRANÇAISE" overprint distinguishes it from otherwise identical examples in the series — Pick 22 carries it; this one does not. Whether omission reflects a deliberate policy decision or simply an earlier print run before the overprint requirement was applied is not definitively documented.

Banque de France intaglio printing throughout.

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