FRENCH INDOCHINA, 1 piastre, 1931


FRENCH INDOCHINA, 1 piastre, 1931, silver, 0.5787 ozT, KM19, XF

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The French went into Southeast Asia out of national jealousy, I suppose. They saw the British and the Germans making money in China and thought maybe they could do something in Vietnam. They eventually found that the venture didn’t pay, but it took them about 80 years to admit it, and even then, the locals had to push them out.