·NEW CALEDONIA Paper Money,
  1875 Issues

 

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Governor:
Eugène GAULTIER
de la Richerie
26.8.1870 - 25 .9.1874 


NEW CALEDONIA Banknotes, 1875 Issues

Nouvelle Calédonie
·NEW CALEDONIA
Printer: Unknown

Etablissement de Nouméa Banque
P.6  5 Francs 1875 Images Needed
P.7  20 Francs 10.4.1875 Images Needed
NclP.8100Francs25.1.1875No.4474.jpg
P.8  100 Francs 25.1.1875   AB 		NclP.8100Francs25.1.1875No.4474r.jpg
Back
P.9  500 Francs 25.1.1875 Images Needed

BACKGROUNDER - ACKNOWLEDGEMENT

The New Caledonia Bank was established in 1870 based on the structure of the Bank of Indo-China (Banque de la Indo-Chine).

New Caledonia's large nickel exports to Europe remained unsold causing the notes to be highly discounted. This resulted in a loss of confidence in the bank and the support of the government. The final straw came in 1878 with the Kanak revolt causing the bank to declare bankruptcy.

In 1888 Banque de la Indo-Chine opened a branch in Nouméa.

AB  We gratefully acknowledge A.Basso for submitting these images.