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Paper Money Signature Sale 4039 20 Oct 2022
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New Caledonia Banque de l'Indochine, Noumea 1000 Francs on 100 Piastres ND (1939) Pick 40 PMG Very Fine 25. Reissued notes were common in remote locales where it could take years from an initial order to delivery of freshly printed banknotes. In the late 1930s, banking officials were faced with the same dilemma, taking notes that were redeemed from the 1920s and overprinting them with new denominations, in this case 1000 Francs over 100 Piastres. The red overprint is bright and attractive, a simple yet eye catching contrast to the original blue design. This piece is the only example in the PMG Population Report. This note has a perforation cancel with a minor repair and some evidence of a previous mounting. https://currency.ha.com/itm/world-currency/new-caledonia-banque-de-l-indochine-noumea-1000-francs-on-100-piastres-nd-1939-pick-40-pmg-very-fine-25/a/4039-25442.s?type=DA-DMC-CoinArchivesCurrency-WorldPaperMoney-4039-10202022 HID08706262019 © 2022 Heritage Auctions | All Rights Reserved
Estimate: 2400-3600 USD
New Caledonia Banque de l'Indochine, Noumea 1000 Francs on 100 Piastres ND (1939) Pick 40 PMG Very Fine 25. Reissued notes were common in remote locales where it could take years from an initial order to delivery of freshly printed banknotes. In the late 1930s, banking officials were faced with the same dilemma, taking notes that were redeemed from the 1920s and overprinting them with new denominations, in this case 1000 Francs over 100 Piastres. The red overprint is bright and attractive, a simple yet eye catching contrast to the original blue design. This piece is the only example in the PMG Population Report. This note has a perforation cancel with a minor repair and some evidence of a previous mounting. https://currency.ha.com/itm/world-currency/new-caledonia-banque-de-l-indochine-noumea-1000-francs-on-100-piastres-nd-1939-pick-40-pmg-very-fine-25/a/4039-25442.s?type=DA-DMC-CoinArchivesCurrency-WorldPaperMoney-4039-10202022 HID08706262019 © 2022 Heritage Auctions | All Rights Reserved
Estimate: 2400-3600 USD