Fifth Republic (1958–present). 50-franc I.E.O.M. gold Piéfort, burnished blank (PROOF) 1979, Pessac.

Av. RÉPVBLIQVE - FRANÇAISE. Head of the Republic facing left, wearing the Cap of Liberty; behind it, the signature “R. JOLY”; and below, “I. E. O. M.” and (date).
Reverse: NEW CALEDONIA. Traditional village, and below, 50 / (varying) f (varying).
Cat. No. 122 - KM.P9b; Gold - 63.34 g - 33 mm - 6 h
NGC PF 66 ULTRA CAMEO (8769660-023).
Burnished blank (PROOF). Only 200 copies minted. Beautiful golden patina. Mint condition.
The Overseas Issuing Institute (I.E.O.M.) has been the central bank for the overseas territories in the Pacific (New Caledonia, French Polynesia, Wallis and Futuna) since 1966