20 Francs

The Free French administration in the New Hebrides issued this note in 1943 as part of a small series produced to maintain a functioning currency in the condominium territory after the fall of metropolitan France cut off normal supply. The New Hebrides was one of the few colonial territories to declare for de Gaulle almost immediately in 1940, and by 1943 the islands had become a significant Allied staging point for Pacific operations — meaning actual demand for circulating notes was real and pressing.

Printed under austere wartime conditions, the series is notably scarce in any grade. The P#2 is the 20 Francs value within a short run that also included a 5 Francs (P#1).