Sapeque

Issuer French Indochina
Year 1887-1902
Type Standard circulation coin
Value 1 Sapeque (0.002 ICFP)
Currency Piastre (1880-1952)
Composition Bronze
Weight 2.01 g
Diameter 20 mm
Thickness 0.8 mm
Shape Round with a square hole
Technique Milled
Orientation Coin alignment ↑↓
Engraver(s) Jean-Auguste Barre
In circulation to
Reference(s) KM#6, Lec#16
Obverse description Lettering around square hole, date below.
Obverse script Latin
Obverse lettering INDO-CHINE FRANÇAISE A 1901
(Translation: French Indochina)
Reverse description Chinese lettering around square hole.
Reverse script Chinese
Reverse lettering 南安之國法大 當二
(Translation: French Annam Worth two)
Edge Smooth
Mint (A)
Monnaie de Paris, Paris (and
Pessac starting 1973), France (864-date)
Mintage 1887 A - - 5 000 000
1888 A - - 5 000 000
1889 A - Proof - 100
1892 A - - 1 636 000
1893 A - - 864 000
1894 A - - 2 500 000
1897 A - - 2 829 000
1898 A - - 2 171 000
1899 A - - 5 000 000
1900 A - - 2 657 000
1900 A - Proof - 100
1901 A - - 4 843 000
1902 A - - 2 500 000
Numisquare ID 2053431690
Additional information

Historical Context: Issued between 1887 and 1902, this bronze Sapeque served as a foundational low-denomination currency for French Indochina during the consolidation of French colonial rule under the Third Republic. This period saw the establishment of the Indochinese Union, and these coins were crucial in standardizing commerce across disparate regions, replacing diverse local cash currencies. Their widespread circulation underscored France's economic and political dominance in Southeast Asia, facilitating daily transactions for the indigenous population.

Artistry: Typical of colonial issues produced by the Monnaie de Paris, the Sapeque exhibits the academic, utilitarian design prevalent in late 19th-century French numismatics. While a specific engraver is not commonly attributed for such low-denomination types, the style emphasizes clarity and official symbolism. The design typically features the denomination "1 SAPEQUE" and "INDO-CHINE FRANÇAISE" encircling a central round hole, a characteristic inherited from traditional East Asian cash coinage, facilitating stringing for ease of transport and accounting.

Technical/Grading: Struck in bronze to a weight of 2.01 grams and a diameter of 20 millimeters, this Sapeque often presents with a generally even strike, though planchet quality can vary. High points for wear include the raised lettering of the inscriptions and the inner and outer edges of the central hole, which frequently show signs of friction from being strung. Collectors should look for full definition in the lettering and an absence of significant corrosion, which is common on excavated bronze coins. Sharpness around the central hole is a key indicator of minimal circulation.

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