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20 Francs IEOM
| Issuer | Institut d'Émission d'Outre-Mer (IEOM) |
|---|---|
| Year | 1973-1982 |
| Type | Standard circulation coin |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Obverse lettering | RÉPUBLIQUE FRANÇAISE R·JOLY I·E·O·M 1975 (Translation: French Republic) |
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| Reverse lettering | NOUVELLES HÉBRIDES 20 f (Translation: New Hebrides) |
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| Additional information |
The IEOM was established in 1966 to manage currency for France's Pacific territories — New Caledonia, French Polynesia, and Wallis and Futuna — following the dissolution of the Institut d'Émission des Départements d'Outre-Mer's Pacific functions. This 20 Francs circulated across island economies with no mutual land borders, physically shipped between territories by sea. The KM#3.2 designation distinguishes it from the earlier 3.1 type by a modified reverse die, a detail that goes unremarked in most collections despite being a clean diagnostic for dating examples to the later portion of the production run.