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10 000 Francs

Issuer Glorioso Islands (Scattered Islands in the Indian Ocean)
Year 2018
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Composition Polymer
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Reverse description Aerial panoramic vignette of the Glorieuses archipelago across the centre, with tropical fish below. The coat of arms, supported by two dolphins and charged with a coconut palm on a yellow field with sea anchors, appears at right. A disclaimer legend in French occupies the lower field, with 'TERRES AUSTRALES FRANÇAISES' repeated across the design.
Reverse lettering DIX MILLE FRANCS
TERRES AUSTRALES FRANÇAISES
10000
Billet n'ayant pas cours legal,
émis a des fins de collection,
non remboursable, non échangeable
reproduction interdite.
ÎLES GLORIEUSES
TERRES AUSTRALES FRANÇAISES
© BATF
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Comments

The Glorioso Islands are an uninhabited French territory administered by the Terres australes et antarctiques françaises (TAAF), with no resident civilian population and no functioning local economy. Notes issued under this jurisdiction are not legal tender in any practical sense and have never circulated. They exist entirely for the philatelic and numismatic collector market — a cottage industry that attaches territorial names to fantasy or semi-fantasy issues with no central bank authorization behind them.

Polymer substrate on a piece like this is a collector-oriented choice, not a monetary one. Treat it accordingly.

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