This coin is in great shape – I would grade it EF40 or higher. Many of the coins minted in French Indochina immediately before the Vietnam war saw very intense circulation in a tropical environment, so it’s not common to find high-end examples.
The obverse shows very classical portrayal of Liberty siting on a throne with her shoulders square on to the viewer and her legs turned away from her body to her right. She wears a crown with radiates (reminiscent of the divine crowns on late Roman coins), and holds a fasces in her lap with her right arm (the Fasces is a symbol of authority given by the senate in Rome). 2 boat anchors are visible under and behind the throne. The legend runs from 8:00 to 4:00 and reads “Republique Fancaise”. The date is at 6:00.
On the reverse, a wreath contains the denomination “10 Cent”. Around the wreath are the legend “Indo Chine Fraincaise” CW from 9:00 to 6:00 and “Titre 0,680 Poids 2 Gr .7” from 8:00 to 7:00 CCW.
Identification code: KM-16.2 (1937 single year of production)
Mint Mark: n/a (all minted in Paris)
Country of origin: France
Composition: 68% Silver (Presumably 32% Copper)
Size: 19 mm diameter / 1.1 mm thick
Weight: 2.7 g (0.0590 Troy oz ASW)
Other details: The same obverse design was used on the 10 cent, 20 cent, 50 cent, and 1 piastre coins. Also; French Indochina no longer exists. Many of these French Indochinese coins are included in collections of Vietnamese, Thai, and Laotian coins.
Estimated Value: $2.25 with silver at ~$38/oz