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100 Dollars / 100 Piastres

Issuer Banque de l'Indo-Chine
Year 1893
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Value 100 Dollars = 100 Piastres (100 ICFP)
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Obverse lettering DECRETS DE 21 JANVIER 1875 ET DU 20 FÉVRIER 1888 BANQUE DE L'INDO-CHINE SAIGON EMISSION AUTORISÉE LE 2 AOÛT 1891 HUNDRED DOLLARS CENT PIASTRES TO BE PAID ON DEMAND TO BEARER PAYABLES EN ESPÈCES AU PORTEUR A. BRAMTOT & G. DUVAL FEC. J. ROBERT SC.
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Reverse lettering 銀壹百元 見字交銀 壹百元 奉本國特諭 東方匯理銀行
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Comments

P#26 is among the earliest high-denomination notes issued by the Banque de l'Indo-Chine under its 1875 charter, which granted it the monopoly on note issuance across French Indochina. The dual denomination — dollars alongside piastres — reflects the messy monetary reality of the region in the 1890s, where Mexican silver dollars and local piastres circulated interchangeably, and the bank had not yet consolidated piastre dominance.

Bramtot and Duval were both associated with the École des Beaux-Arts tradition; Robert's engraving was executed for the Banque de France's printing workshops. Surviving examples show frequent foxing and toning along fold lines, a known vulnerability of the paper stock used across this entire early Indochina series.

The dollar denomination was dropped from subsequent issues as the piastre was formally fixed to the franc in 1895.