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1 Piastre Cambodia Issue

Issuer Institut d'Emission des Etats du Cambodge, du Laos et du Vietnam
Year 1954
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Printer Thomas De La Rue & Company, London, United Kingdom
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Obverse lettering INSTITUT D'EMISSION DES ETATS DU CAMBODGE DU LAOS ET DU VIETNAM
UNE PIASTRE
LE PRESIDENT
UN ADMINISTRATEUR
LE CONTREFACTEUR SERA PUNI CONFORMEMENT AUX LOIS EN VIGUEUR
Reverse description Central vignette at left of a Khmer royal houseboat moored on a river, printed in orange-red intaglio, beside a decorative Khmer column divider. The border is composed of ornate blue guilloche work incorporating Khmer script inscriptions at top and bottom, with the Vietnamese equivalent denomination MOT DONG at lower right. The overall layout reflects the trilingual nature of the issue, with text in Khmer, French, and Vietnamese.
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The Institut d'Emission des Etats du Cambodge, du Laos et du Vietnam was a short-lived transitional authority created in 1952 as France began dismantling the Indochinese monetary union. It lasted barely four years before each constituent state established its own national bank. This note, issued in 1954, sits in that narrow window — the same year the Geneva Accords formally ended French military involvement in the region.

Thomas De La Rue's involvement was typical of the period; the French were outsourcing security printing to London even as political control over Indochina slipped away. The "Cambodia Issue" designation distinguishes it from parallel printings for Laos and Vietnam under the same P#94 series numbering.