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500 Francs 'Département de la Réunion'

Issuer Institut d'Émission des Départements d'Outre-Mer
Year 1964
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Value 500 Francs
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Obverse lettering DÉPARTEMENT DE LA RÉUNION INSTITUT D'ÉMISSION DES DÉPARTEMENT D`OUTRE-MER 500 RÉPUBLIQUE FRANÇAISE DÉPARTEMENT DE LA RÉUNION CINQ CENT FRANCS C. SERVEAU FEC. | C. BELTRAND SC. DÉPARTEMENT DE LA RÉUNION
(Translation: Department of Reunion Issuing Institute Overseas Department French Republic Five Hundred Francs Department of Reunion)
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Variants P#51a - signatures: Postel-Vinay & Calvet
P#51b - signatures: Postel-Vinay & Clappier
Comments

The Institut d'Émission des Départements d'Outre-Mer was established in 1959 specifically to handle currency for the French overseas departments — Réunion, Martinique, Guadeloupe, and Guiana — after the Caisse Centrale de la France d'Outre-Mer ceded that function. This note is department-specific, carrying the Réunion designation rather than a generic issue, which was the deliberate policy of the IEDOM to maintain regional accounting distinctions even within a unified printing programme.

Clément Serveau designed extensively for the Banque de France across several decades; Camille Beltrand came from a family of engravers with deep roots in French intaglio work. The two signature combinations — Postel-Vinay paired first with Calvet, then with Clappier — reflect successive changes in the institute's directorship during the note's active period.

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