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Wednesday, May 17, 2023

French Indochina, and its numismatic heritage


French Indochina, and its numismatic heritage
Coin-house, Kochi

The French first established their presence in the region in 1858 and 1862, encountering wars against the Annamese and Chinese Empires in their quest for dominance. 
Their territorial expansion continued in 1893 when a war with Siam led to the incorporation of Laos into French Indochina. By 1913, the region encompassed present-day Laos, Cambodia, and Vietnam.

The tumultuous events of World War II impacted French Indochina greatly. After France fell in 1940, Japan occupied the Vichy-administered territory and eventually formally annexed it. 
However, with Japan's surrender in September 1945, they withdrew from the region. Local dissatisfaction and resistance against French colonial rule culminated in the First Indochina War, fought between the French and local forces. 
The French suffered a major defeat at Dien Bien Phu in 1954, which ultimately led to the decolonization of the region.

The coins of French Indochina provide a tangible link to this historical narrative. The Piastre, minted from 1880 to 1952, stands out as a notable denomination. 
The currency system utilized a conversion rate of 5 Sapeques to 1 Cent, and 100 Cents equaled 1 Piastre. Another coin of significance is the 20 Centimes, produced between 1939 and 1941.
 Composed of copper-nickel and weighing 6.00 grams with a diameter of 24 mm, this coin represents a unique piece of the region's monetary history. 

Additionally, a 1945 aluminum coin with a weight of 2.2 grams and a diameter of 27 mm was introduced as the Tael, providing further insight into the diverse coinage of French Indochina.

These coins, beyond their numismatic value, serve as artifacts that embody the complex intertwining of Southeast Asian culture and French colonial influence. 

They bear witness to a period of colonization, resistance, and eventual independence. Today, these coins are sought-after collectibles, cherished by numismatists and enthusiasts for their historical significance and their ability to evoke the captivating story of French Indochina.

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