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500 Francs

Issuer Banque Centrale de la République de Guinée
Year 1960
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Reference(s) P#14
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Obverse lettering BANQUE CENTRALE DE LA RÉPUBLIQUE DE GUINÉE
CINQ CENTS FRANCS
le 1er MARS 1960
DIRECTEUR GÉNÉRAL
MINISTRE GOUVERNEUR
500
TOUT CONTREFACTEUR SERA PUNI PAR LA LOI EN VIGUEUR
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Reverse lettering CINQ CENTS FRANCS
500
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Comments

Guinea's 1960 independence from France left its monetary system in immediate disarray. The country had withdrawn from the CFA franc zone in 1960 under Sékou Touré, an abrupt break that required a functioning currency almost overnight. Thomas De La Rue was the printer of choice for newly independent African states throughout this period, handling several such emergency commissions simultaneously.

The P#14 is scarce in any grade — early Guinean notes circulated heavily in an economy with few banking alternatives, and the humid West African climate was not kind to paper stock of this vintage.