PCGS SP67 (17261596).
Av. INDO-CHINE FRANÇAISE. Central square perforation; below (workshop) and (different) (date) (different).
Rv. Central square perforation, surrounding Indochinese characters.
Lec.12a = this example; Silver - 20 mm - 6 h
Top Pop: the only graded example! From the Jean Lecompte collection. This is the specimen illustrating Jean Lecompte's book, Monnaies et jetons de l'Indochine française, published by Gadoury, p.80.
PCGS SP67 (17261596).
On silver blank! Appears to be the only known example! Very high technical grade. Slight golden patina. Corner flower.