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3 Cents Honquan Plantations

Issuer Société des Plantations de Honquan
Year 1920
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Composition Paper
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Obverse lettering Sté des Plantations de Honquan-Cochinchine
Ticket pour un achat
de 0$03 cents
à l'Economat de la Société
Un Administrateur,
SAIGON, IMP. C. ARDIN & FILS.
(Translation: Plantation Company of Honquan, Cochinchina. Ticket for a purchase of 3 cents at the company storehouse. An Administrator. Saigon, C. Ardin & Sons Printers.)
Reverse description Plain paper with faint multicolour guilloche underprint in blue and buff tones, no printed text or vignette.
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Comments

Plantation scrip from French Indochina is rarely documented with this level of provenance. The Société des Plantations de Honquan was a rubber concern operating in Cochinchina, and like most large agricultural enterprises in the colony, it issued its own low-denomination tokens and notes to pay coolies in a closed currency redeemable only at the company store — a system that effectively trapped labor on the estate.

Printed locally by C. Ardin & Fils rather than imported from a metropolitan French printer, which was unusual enough to suggest urgency or cost-cutting. Ardin operated primarily as a commercial job printer in Saigon, not a security printer.

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