INDOCHINA - INDOCHINA Third Republic (1870-1940). Parchment 1925, A, Paris. FRENCH REPUBLIC. The radiant Republic, seated left and holding a bundle; in the exergue signature BARRE and (date). Rv. FRENCH INDO-CHINA / DENOMINATION 0,900. WEIGHT 27 GR. Within a crown of two composite branches: PIASTRE DE COMMERCE (different) (workshop) (different). Lec.301; Silver - 39 mm - 6 h This is the second highest grade (9)! PCGS MS63 (51870602). Only minor flats on the high points of the relief and small circulation micro-scratches. The patina is gilt on the right, with the brightness retained on the reverse. Superb with corner flower.