200 Francs - Île de Clipperton

Clipperton Island has no permanent population, no mint, no economy, and no need for circulating coinage. This issue — along with a handful of others bearing the island's name — was produced entirely for the collector market under French territorial authority, a practice that generates revenue while attaching numismatic novelty to one of the most remote and uninhabited atolls on earth. France asserted sovereignty over Clipperton following an international arbitration ruling in 1931, when King Victor Emmanuel III of Italy, acting as arbitrator, decided in France's favor over Mexico.