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10 Francs

Issuer Banque d'État du Maroc
Year 1920-1928
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Value 10 Francs
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Obverse description The obverse is printed in blue and dark blue on a fine guilloche underprint, with a large circular blank vignette to the left flanked by palm frond ornaments and the denomination numeral '10' in a panel below. The issuer's title BANQUE D'ÉTAT DU MAROC appears across the upper right, with the date and denomination DIX FRANCS in bold intaglio lettering beneath. Serial numbers are printed in two positions flanking a central anti-counterfeiting warning panel, with the engraver's credit AD. GIRALDON FEC. and RITA SC. at the lower margin.
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Variants P#11a(1) - 1920-1924 serial# only at bottom
P#11a(2) - 1920-1924 serial# only at bottom
P#11b(1) - 15.05.1924 - 01.07.1928 serial# at top & bottom
P#11b(2) - 15.05.1924 - 01.07.1928 / 01.04.1926 serial# at top & bottom
P#11b(3) - 15.05.1924 - 01.07.1928 serial# at top & bottom
Comments

The Banque d'État du Maroc was a peculiar institution — nominally Moroccan, but established by the 1906 Act of Algeciras as a multinational instrument of European financial control over the Sharifian state, with shareholders drawn from fourteen signatory powers. France held the dominant position. That the notes were printed by the Banque de France in Paris, to standards matching metropolitan French currency production, was no coincidence.

Marguerite Dreyfus, who signed her intaglio work as "Rita," and Eugène Gaspérini were both accomplished engravers working within the Banque de France's atelier during this period. Giraldon, the designer, produced work for multiple French colonial issues in the same years.

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