Billet New Caledonia 1000 francs 1963 UNC

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This 1000 francs banknote was issued in 1963 for New Caledonia, a French territory in the South Pacific. It is a Specimen type example, bearing the reference number 0168, making it a monetary document of a particular nature, distinct from banknotes intended for ordinary circulation.

Specimens are banknotes produced for official presentation, reference or archiving purposes, issued in very limited quantities for the attention of banking institutions, governments or supervisory bodies. They are generally identified by an overprint or perforation bearing the mention "SPECIMEN", and are not intended to be used as legal tender. Their inherent rarity makes them particularly sought-after items in the field of numismatic collecting.

This banknote was issued from Nouméa, the capital and main administrative and financial centre of New Caledonia. In 1963, the territory's paper currency was managed by the Institut d'Émission d'Outre-Mer (IEOM), the institution responsible for monetary issuance in the French Pacific territories, of which New Caledonia was a part, alongside French Polynesia and Wallis-and-Futuna.

The CFP franc (Pacific franc), referred to locally as the franc, is the monetary unit represented on this banknote. This currency, created in 1945, has been pegged to the euro since the transition to the European single currency, at a fixed rate established by the French monetary authorities.

 

 

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