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50 New Francs Overprint on 5000 Francs
| Issuer | Caisse Centrale de la France d'Outre-Mer |
|---|---|
| Year | 1960 |
| Type | Log in to see details |
| Value | 50 New Francs (50 FRF) |
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| Composition | Log in to see details |
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| Obverse description | Multicolour note with a central vignette of a woman holding a fruit bowl, flanked by coconut palms on a beach at left. The margins carry repeated red letterpress 'guadeloupe' underprint text on all four borders. A red overprint reading 'CONTRE-VALEUR DE 50 NOUVEAUX FRANCS' appears at right, applied over the original 5000 Francs design. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | 5000 CINQ MILLE FRANCS CAISSE CENTRALE DE LA FRANCE D'OUTRE-MER L'ART 139 DU CODE PÉNAL PUNIT DES TRAVAUX FORCÉS A PERPÉTUITÉ CEUX QUI AURONT CONTREFAIT OU FALSIFIÉ LES BILLETS DE BANQUE AUTORISÉS PAR LA LOI guadeloupe (Translation: Five Thousand Francs Central Fund of Overseas France Article 139 of the Penal Code punishes with forced labor in perpetuity those who have counterfeited or falsified bank notes authorized by law. Guadeloupe) |
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| Comments |
The overprint program of 1960 was a direct consequence of the CFA franc reform — rather than printing entirely new stock, the Caisse Centrale applied "50 Nouveaux Francs" overprints to existing 5000-franc notes to align the overseas territories with metropolitan France's own new franc conversion at the 100:1 rate introduced by de Gaulle's government in January 1960.
Overprinted issues like this one were transitional instruments with short working lives, and attrition rates were high. The underlying 5000-franc note was itself a high-denomination piece with limited everyday circulation, which means surviving examples of the overprint tend to come from cashier holdings rather than street use.