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100 Francs
| Issuer | Banque de Madagascar |
|---|---|
| Year | 1892-1926 |
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| Size | 180 × 112 mm |
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| Obverse description | Two seated allegorical female figures personifying Industry and Agriculture flank a central letterpress value panel, with two portrait medallions printed in rose tones on either side. A background vignette of Mercury engraving a stele occupies the upper field, while Article 139 of the Penal Code appears in pink text against a blue underprint at the lower margin. The original "BANQUE DE FRANCE" designation is overprinted with a red band, with the "BANQUE DE MADAGASCAR" inscription added below in a secondary impression. |
|---|---|
| Obverse lettering | Banque de Madagascar cent francs DANIEL DUPUIS ET GEORGES DUVAL FEC. A LEVEILLE . CS. |
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| Comments |
Madagascar came under formal French protectorate status in 1885 and was declared a colony in 1896, but the Banque de Madagascar's note-issuing apparatus was already functioning before annexation was complete — this issue spans that awkward transitional period when the bank's authority on the ground was still being consolidated against a backdrop of military campaigns and administrative reorganization.
Léveillé was among the most accomplished intaglio engravers working for the Banque de France in the late nineteenth century, and his involvement signals that this was treated as a prestige printing commission, not a routine colonial job.