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5 Francs Without Decree
| Issuer | Banque de l'Indo-Chine |
|---|---|
| Year | 1924 |
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| Currency | Franc (1873-1945) |
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| Obverse description | Printed in blue and red, the obverse presents a central vignette of an Oriental woman seated alongside a reclining figure of Liberty holding a caduceus at left, rendered in fine intaglio engraving. The issuing authority BANQUE DE L'INDO-CHINE and the branch designation NOUMÉA appear in the upper border, with the denomination CINQ FRANCS and the date inscribed within the note body. Engraver and designer credits — DANIEL DUPUIS ET GEORGES DUVAL FEC. and A. LEVEILLE SC. — appear in the lower margin. |
|---|---|
| Obverse lettering | BANQUE DE L`INDO-CHINE NOUMÉA, le 2 Juin 1924. CINQ FRANCS Un Administrateur, Le Directeur DANIEL DUPUIS ET GEORGES DUVAL FEC. A. LEVEILLE SC. (Translation: Bank of Indo-China Noumea, June 2, 1924. Five Francs An administrator, The Director) |
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| Comments |
The "Without Decree" designation is the telling detail here. Earlier issues of this series required explicit governmental authorization — a formal decree — before notes could be put into circulation. By 1924, the Banque de l'Indo-Chine had consolidated enough institutional authority that this requirement was dropped, and the absence of that text became the classification criterion rather than an afterthought.
Léveillé's intaglio work was executed at the Banque de France's printing workshops, the same facility producing metropolitan French currency at the time — an arrangement that gave Indochinese colonial notes a production quality rarely matched by other colonial issuers of the period.