0,50 Franc

Mohéli — the smallest of the Comoro Islands — had a population of a few thousand and no banking infrastructure when this note was issued. The Gouvernement de Mohéli series of 1920 represents one of the most geographically obscure French colonial currency experiments in the Indian Ocean, a local paper substitute produced at a moment when small coinage was essentially unavailable across French overseas territories during the post-WWI metal shortage.

Mouchon is best known for his work on French postage stamps, including the celebrated 1900 Mouchon type. His involvement here almost certainly reflects reused or adapted artwork rather than a fresh commission for a tiny colonial administration.