French Indo-China
French Colony Specimen Pattern Piastre 1931 SP58 PCGS, KM-Unl., Lec-306.20 (this coin). The bilingual reference book: Monnaies et Jetons de l'Indochine Française (Coins and Tokens of French Indochina) records the existence of 21 trial strikes for the 1931 Piastre, classified by pressure, alignment and fineness strikes. Of these 20 have been cancelled; 12 cut-cancelled and 8 are cancelled by perforation. This trial is the only complete uncancelled example. Besides the different presentation coins: essais, pieforts and uniface strikes of 1931, this unique trial strike has the correct coin and die alignment, centering, striking pressure, etc. Probably struck and approved by the engraver Lindauer, this coin represents the completion of the die and machine tests processes. The machines were now adjusted and ready to strike normal circulation coins. Judged acceptable for circulation, this trial coin was countermarked 51 to record it but was NOT cancelled and saved. Unique and thus of utmost rarity! The Lecompte Plate coin.
Ex. R. Taylor Collection.
HID02901242017
Estimate: 15000-25000 USD