2 Francs

The Trésor Colonial de la Guadeloupe operated under direct authority of the colonial administration rather than any metropolitan banking institution, which made its emissions legally distinct from mainland French instruments. This 2 Francs note from 1864 predates the Banque de la Guadeloupe's establishment by nearly two decades — the colonial treasury filled that vacuum.

Local printing in Guadeloupe at this period was rudimentary, and the Saunier attribution likely refers to a local craftsman rather than a known Parisian printing house. Notes produced under these conditions are prone to uneven impression and variable paper quality, which is intrinsic to the type rather than indicative of damage or mishandling.