£100 - £150
French Indochina: Compagnie Agricole de Phuquoc, part de Propriété, 189[2], #9951, attractive piece with views of the island harbour, blue, with coupons. Formed in Paris 24th November 1891 to exploit the agriculture of the island of Phuquoc off the coast of Cambodia and Vietnam. Near EF and rare. A similar example sold for €400 in a recent Boone auction.
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