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Hong Kong Signature Sale 3050  8-9 December 2016
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Lot 37469

Estimate: 5000 USD
Price realized: 4200 USD
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French Indo-China
French Colony silver Perforated Cancelled Specimen Trial Piastre 1931 SP45 PCGS,  Paris mint, KM-Unl., Lec-306.17. This newly discovered trial has 2 square, 2 semi-circular and 2 round cancellation perforations. Again for future research, please note that the perforations match those of the Lec-306.12 but lacks the handwritten fineness annotation. It corresponds to the second series of 9 perforated canceled trial strikes now known to exist. On the other hand, un-countermarked examples are probably errors of omission and this is one of only three known. We sold the perforated Lec-306.19, Ex. R. Taylor specimen with the "9" countermark in our inaugural 2015 December Hong Kong Auction and are pleased to offer this newly discovered un-countermarked example. Another extremely rare and historic offering.Ex. R. Taylor Collection ----INTRODUCTORY TEXT----SECOND SALE OF AN EXCEPTIONAL SERIES OF NEWLY PUBLISHED DIE AND MACHINE TRIAL STRIKES OF THE 1931 SILVER FRENCH INDOCHINA PIASTRE FROM THE EX. R. TAYLOR COLLECTION.1931 was a transitional year for French Indochina coinage seeing the first design change since the creation of the Liberty seated type 'Piastre de Commerce' (Trade Dollar) in 1885. The engraver Lindauer had the task of creating the new 'Liberty Head' 1931 Silver Piastre. A one year type for which rare patterns, essais and pieforts in silver as well as presentation strikes in Aluminum are known.Unlike the patterns struck to present the finished coin, these previously unknown trials were struck uniquely for the purpose of testing and adjusting the new dies, die pressure, alignment and the mint equipment before coinage.  Once tested and inspected, they were canceled by cutting and perforation, then normally destroyed. We are very fortunate to have survivors of this little known stage of the minting process.The 2014, French/English edition of 'Les Monnaies et Jetons de l'Indochine Francaise' (Coins and Tokens of French Indochina) is the first to publish these trial strikes, probably made by the engraver Lindauer himself. Due to their rarity, each of these Lindauer trail strikes have a unique Lecompte catalogue reference number.A total of 23 trail strikes are known to exist of which 3 from the Ex. R. Taylor Collection were sold in our first inaugural 2015 December Hong Kong Auction. Heritage is again pleased to present 2 of these extremely rare and previously unlisted trial strikes of the French Indochina 1931 Piastre.

Estimate: 5000-6000 USD
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