100 Livres SYRIE 1939

By 1939, the Banque de Syrie et du Grand-Liban was operating on borrowed time politically — the French Mandate administration had already committed to Syrian independence in the 1936 treaty negotiations, and the entire currency arrangement was under review. This note was printed anyway, and then the war intervened. The 1936 treaty was never ratified by France, the Mandate stumbled on, and these notes continued to circulate through the chaos of 1940–41, including the brief Vichy-controlled period and the subsequent British and Free French invasion.

Serveau designed and Deloche engraved — a pairing that appears across multiple Banque de France colonial issues of the period. The 100 Livres denomination made it a significant-value instrument in daily commerce, and heavy use shows on most surviving examples.