1 Piastre Indochinese Federation

Features

Issuer	French Indochina
Period	French Union (1946-1958)
Type	Standard circulation coins
Years	1946-1947
Value	1 Piastre (1 ICFP)
Currency	Piastre (1880-1952)
Composition	Copper-nickel
Weight	18 g
Diameter	35 mm
Thickness	2.5 mm
Shape	Round
Technique	Milled
Orientation	Coin alignment ↑↓
Demonetized	Yes
Number	N# 4509
References	KM# 32.1, 32.2 Standard Catalog of World Coins (86 volumes). , Schön# 31 Battenberg Gietl Verlag (publisher). Weltmünzkatalog. Battenberg Gietl Verlag, Regenstauf, Bavaria, Germany (4 volumes).

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Obverse

Marianne facing right, with laurel branch, date in exergue

Script: Latin

Lettering:
UNION FRANÇAISE
1947
P.TURIN

Translation: French Union

Engraver: Pierre Turin

Reverse

Grain sprigs below denomination

Script: Latin

Lettering:
FÉDÉRATION INDOCHINOISE
1
PIASTRE

Translation: Indochinese Federation

Engraver: Pierre Turin

Edge

Security edge or reeded

Mint

Monnaie de Paris, Paris (and Pessac starting 1973), France (864-date)

Mark

Lucien Bazor, General coin engraver, Monnaie de Paris (1931-1958)

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Date	Mintage	VG	F	VF	XF	AU	UNC		Frequency
Undetermined
1946	2 520 000			$ 16	$ 16	$ 16	$ 86	KM#32.1 ; Security edge	9%
1947	261 000				$ 15			KM#32.1; Security edge	10%
1947	54 480 000	$ 5.40	$ 5.80	$ 5.80	$ 7.00	$ 7.70	$ 57	KM#32.2; Reeded	89%

Values in the table above are expressed in USD. They are based on evaluations by Numista users and sales realized on Internet platforms. They serve as an indication only; they are not intended to be relied upon for buying, selling or exchanging. Numista does not buy or sell coins or banknotes.

Frequencies show the percentage of Numista users who own each year or variety among all the users who own this coin. Since some users own several versions, the sum may be greater than 100%.

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This index is based on the data of Numista members collections. It ranges from 0 to 100, 0 meaning a very common coin or banknote and 100 meaning a rare coin or banknote among Numista members.

Past sales

Pictures	Sale	Date	Version	Grade	Sold price
	Heritage Auctions Wednesday & Thursday World & Ancient Coins Select Auction 232616 Lot 63287	9 Apr 2026	1946 – KM#32.1 ; Security edge	UNC (NGC MS63)	USD 119.00 (incl. buyer's premium)
© Heritage Auctions
	Katz Auction 77 Lot 21	11 Feb 2023	1946 – KM#32.1 ; Security edge	XF	USD 19.74 (EUR 17.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.
	Heritage Auctions Thursday World & Ancient Coins Weekly Online Auction 232009 Lot 64264	27 Feb 2020	1947 – KM#32.1; Security edge	UNC (PCGS MS62)	USD 156.00 (incl. buyer's premium)
© Heritage Auctions
	Heritage Auctions Wednesday & Thursday World & Ancient Coins Select Auction 232616 Lot 63288	9 Apr 2026	1947 – KM#32.1; Security edge	AU (NGC AU58)	USD 64.00 (incl. buyer's premium)
© Heritage Auctions
	Heritage Auctions 2026 April 5 - 6 Hong Kong Spring World Coins Showcase Auction 61610 Lot 25353	5 Apr 2026	1947 – KM#32.2; Reeded	UNC (NGC MS66)	USD 1708.00 (incl. buyer's premium)
© Heritage Auctions
	Heritage Auctions Wednesday & Thursday World & Ancient Coins Select Auction 232609 Lot 64163	19 Feb 2026	1947 – KM#32.2; Reeded	UNC (PCGS MS66)	USD 915.00 (incl. buyer's premium)
© Heritage Auctions
	Heritage Auctions 2024 April 7 - 8 Spring Hong Kong World Coins Showcase Auction 61369 Lot 21396	7 Apr 2024	1947 – KM#32.2; Reeded	UNC (NGC MS64)	USD 53.00 (incl. buyer's premium)
© Heritage Auctions
	Heritage Auctions Wednesday & Thursday World & Ancient Coins Select Auction 232340 Lot 61250	28 Sep 2023	1947 – KM#32.2; Reeded	UNC (NGC MS63)	USD 51.00 (incl. buyer's premium)
© Heritage Auctions
	Katz Auction 61 Lot 145	7 Jun 2022	1947 – KM#32.2; Reeded	UNC	USD 53.40 (EUR 46.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.
	Heritage Auctions Wednesday & Thursday World & Ancient Coins Select Auction 232217 Lot 64511	21 Apr 2022	1947 – KM#32.2; Reeded	UNC (PCGS MS63)	USD 129.00 (incl. buyer's premium)
© Heritage Auctions