Lot #45114 - 21 5 Dollars = 5 Piastres 19.7.1893

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World Paper Money > French Indochina



Banque de l'Indochine
21 5 Dollars = 5 Piastres 19.7.1893
Grade: Ch. VF 35    
Exquisite, dynamic, vibrant; select your adjective. The Kolsky-Muszynski Plate Note and among the greatest rarities of the entire French colonial series; exceptional not only from being from the original issue of 1875 without the later decrees but also that the Chinese inscription on the back clearly denotes this issue was legal only in the original central provinces of what became, with French expansion, French Indochina. Of this first 5 Dollars-5 Piastres issue, only two issued examples are presently recorded including this piece; the other note is only approximately Good. Another gauge of rarity is that a recent purchase ad for early Haiphong notes from this era range up to $275,000. We believe on auction date this piece will bring spirited activity and possibly a record for any French Indochina note. PMG terms this "Ch. VF 35 cancelled, pinholes"; significantly better than the only other example (VG 10) on the population report. Spectacular in every respect; a certain centerpiece for any collection.
Current Bid: $ 60,000.00

Estimate: ($ 100,000.00 - $ 175,000.00)

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