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50 Francs overprint

Issuer Banque de la République du Burundi
Year 1966
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Reference(s) P#16
Obverse description Printed in red with black serial numbers; a black overprint covers the original bank title inscriptions at top and bottom, replacing references to the Banque du Royaume du Burundi with the new republican institution. The central vignette presents an aerial view of the capital Bujumbura. Legends appear in both French and Kirundi.
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Reverse lettering BANQUE DU ROYAUME DU BURUNDI IBANKI Y`INGOMA Y` UBURUNDI LE CONTREFACTEUR SERA PUNIT DE SERVITUDE PENALE UWUZOKWIGANA IYI NOTI AZOFUNGWA GANZA SABWA 50
(Translation: Bank of the Kingdom of Burundi. The counterfeiter is punished with penal servitude. Rules and reigns.)
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Comments

This note belongs to the transitional overprint series issued when Burundi severed its monetary ties with Rwanda following the dissolution of the Rwanda-Burundi common currency zone. The Banque de la République du Burundi, established in 1964, needed to assert independent monetary authority quickly, and overprinting existing stock was the expedient solution — new engraved designs took time and foreign contract negotiations that the young republic could not afford to delay.

The overprint series is notorious among collectors for ink adhesion inconsistencies, with the overprint occasionally appearing faint or partially offset on surviving examples.

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