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5 Francs With Decree

Issuer Banque de l'Indo-Chine
Year 1916
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Value 5 Francs
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Obverse lettering BANQUE DE L`INDO-CHINE 823 T.7 5 Décrets des 21 Janvier 1875, 20 Février 1888, 16 Mai 1900 & 3 Avril 1901 NOUMÉA, le 9 Juin 1916. CINQ FRANCS Un Administrateur : L`Administrateur-Directeur, T.7 823 DANIEL DUPUIS ET GEORGES DUVAL FEC A LEVEILLE SC
(Translation: Decrees of January 21, 1875 ; February 20, 1888 ; May 16, 1900 and April 3, 1901 Bank of Indo-China Noumea, June 9., 1916. Five Francs payable in cash to bearer An administrator , The Director)
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Reverse lettering 5 5 5 5 BANQUE DE L`INDO-CHINE L`ARTICLE 139 DU CODE PÉNAL PUNIT DES TRAVAUX FORCÉS CEUX QUI AURONT CONTREFAIT OU FALSIFIÉ LES BILLET DE BANQUE AUTORISÉS PAR LA LOI AINSI QUE CEUX QUI AURONT FAIT USAGE DE CES BILLETS CONTREFAITS OU FALSIFIÉS DANIEL DUPUIS ET GEORGES DUVAL FEC
(Translation: Article 139 of the Penal Code punishes forced labor for life for those who have counterfeited or falsified bank notes authorized by law, as well as those who will have used these counterfeit or falsified notes, and those who will have found them on French territory shall be punished with the same sentence.)
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Comments

Pick 15 exists because of a specific wartime inconvenience: the Banque de France's regular printing capacity was severely strained by the need to produce notes for metropolitan France during the war, and smaller colonial denominations kept getting deprioritized. The 1916 decree authorizing this issue gave the Banque de l'Indo-Chine legal cover to circulate a note at a denomination previously considered too low for a chartered colonial bank.

Dupuis and Léveillé were among the most accomplished figures working in French engraving at the time — Dupuis as a medalist, Léveillé as a banknote engraver trained in the classical Parisian tradition. Their collaboration on low-denomination colonial paper was unusual; that level of craft was rarely directed at five-franc notes intended for Indochinese circulation.

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