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0,10 Franc
| Issuer | Government of Madagascar and Dependencies |
|---|---|
| Year | 1916 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| In circulation to | Log in to see details |
| Reference(s) | P#23 |
| Obverse description | The obverse reproduces the design of a Madagascar postal stamp printed in red and black, framed by a decorative guilloche border. The central intaglio vignette presents a rural agricultural scene with figures transporting goods across a landscape, with a town visible in the background. The inscription 'POSTES' appears at the top centre flanked by 'R' and 'F', with 'MADAGASCAR ET DÉPENDANCES' along the lower margin and the denomination '10 C.' in a box at the lower centre. |
|---|---|
| Obverse lettering | POSTES R F MADAGASCAR ET DÉPENDANCES 10 C. |
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| Comments |
Madagascar's colonial administration issued fractional notes in 1916 largely because of a coin shortage — small denomination metal currency had been drained from the island by wartime metal demands and disrupted shipping from France. These emergency papier-monnaie pieces were never intended as a permanent fixture; the colonial government expected to withdraw them once coinage returned to normal circulation.
Local printing under wartime conditions is the more unusual detail here. Most colonial emergency issues from this period were handled by metropolitan presses, but P#23 was produced in Madagascar itself — a logistical necessity, not a deliberate policy choice.