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Live auction - 500687 - 500 Piastres FRENCH INDOCHINA 1939 P.057

500 Piastres FRENCH INDOCHINA  1939 P.057 UNC-
500 Piastres FRENCH INDOCHINA  1939 P.057 UNC-500 Piastres FRENCH INDOCHINA  1939 P.057 UNC-
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All winning bids are subject to a 18% buyer’s fee.
Estimate : 1 600 €
Price : 1 350 €
Maximum bid : 2 000 €
End of the sale : 16 April 2024 18:05:38
bidders : 5 bidders
Face Value : 500 Piastres
Date: (1939)
Period/Provinces/Banks Banque de l'Indochine
Catalogue reference : P.057
Additional reference : KM.157
Alphabet - series : W.8 n°410
Grade PMG 64

Historical background


FRENCH INDOCHINA

French Indochina is part of the former French colonial empire, creation of the colonial administration, bringing together several territories: the protectorates of Tonkin and Annam and the colony of Cochinchina, grouped together from 1949 within the State of Vietnam, the French Protectorate of Laos and the French Protectorate of Cambodia. The Indochinese Union is created by the union of different territories of Southeast Asia colonized or passed under French protectorate during the 19th century. In the 20th century, the various Vietnamese independence movements gained in power: during the Second World War, the weakening of the metropolis and the occupation of Indochina by the Empire of Japan, put an end to the French colonial administration. March 9, 1945 (in July 1945 in Cochinchina). The power vacuum at the end of the war allows the Việt Minh, the Vietnamese independence movement led by the Indochinese Communist Party, to take over the north of the country. Attempts to reconcile and reform the status of Indochina failed and resulted in the Indochina War in 1946.. Faced with the political and military stalemate, France had to resolve to abandon Indochina, whose Vietnamese, Laotian and Cambodian components saw their independence recognized by the Geneva Accords of 1954, which also formalized the partition of Vietnam, like the wanted the Americans and the Chinese.

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