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50 New Francs Overprint on P#36 - 5000 Francs

Issuer Caisse Centrale de la France d'Outre-Mer
Year 1960-1963
Type Standard circulation banknote
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Obverse description Multicolour note with a central vignette of a woman holding a fruit bowl, set against a background of coconut palms on a tropical beach at left. The margins carry repeated red letterpress inscriptions reading 'Martinique' on all four sides. A red overprint reading 'CONTRE-VALEUR DE 50 NOUVEAUX FRANCS' appears at right, applied diagonally over the original 5000 Francs design.
Obverse lettering martinique 5000 CINQ MILLE FRANCS CONTRE-VALEUR DE 50 NOUVEAUX FRANCS CAISSE CENTRALE DE LA FRANCE D'OUTRE-MER
(Translation: Martinique Five Thousand Francs Counter-value of Fifty New Francs Central Fund of Overseas France)
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Comments

The overprint series was a stopgap measure tied directly to France's 1960 monetary reform, which revalued the franc at 100 old francs to 1 new franc. Rather than commission entirely new plates for its overseas territories, the Caisse Centrale simply overprinted existing stock of the 5000 Francs note — a practical economy that created one of the more visually jarring transitional issues in the French colonial monetary record.

The Banque de France handled the overprinting in Paris on the same presses that produced the underlying note, which means the parent plate and the conversion stamp share the same institutional origin — an unusual case of a single printer effectively issuing two generations of the same piece.

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