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FRENCH INDOCHINA: AE sapèque, 1887-A, PCGS MS64 BN

Currency:USD Category:Coins & Paper Money / World Coins - Asia & Middle-East Start Price:80.00 USD Estimated At:100.00 - 150.00 USD
FRENCH INDOCHINA: AE sapèque, 1887-A, PCGS MS64 BN
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FRENCH INDOCHINA: AE sapèque, 1887-A, KM-6, Lec-5, a wonderful lustrous example! PCGS graded MS64 BN. The Chinese text is ambiguous about the value. It could be interpreted as "worth two cash/dongs" (ten cash in a cent, two dongs in a Sapèque) or "worth 2/1000 Piastre". However, the legislation authorizing this issue clearly states the sapeque is 2/1000 piastre. The KM catalog erroneously identifies this type as a 2 Sapèque coin. Consequently, many auction houses also call it 2 Sapèque.