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1 Piastre Laos Issue

Issuer Institut d'Émission des États du Cambodge, du Laos et du Viet-Nam
Year 1953
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Value 1 Piastre (1 ICFP)
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Obverse description The obverse is printed in blue, green, and yellow on a pale yellow ground, with the numeral "1" in large blue characters at each lateral margin. A central circular vignette contains a portrait of a man in military dress, surrounded by an elaborate guilloche rosette in orange and blue. The denominations "UNE PIASTRE" appear in bold letterpress at upper left and right, with the issuer inscription "INSTITUT D'ÉMISSION DES ÉTATS DU CAMBODGE DU LAOS ET DU VIET-NAM" across the top. Signature titles "LE PRÉSIDENT" and "LE CAISSIER GÉNÉRAL" are printed below the portrait, with facsimile signatures above a serial number at the foot.
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Reverse lettering ថ្លៃតំណាង្ក ១ GIAY MOT DONG ໜຶ່ງຮຽນ
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The Institut d'Émission des États du Cambodge, du Laos et du Viet-Nam was a short-lived transitional authority, established in 1952 to manage currency across the three Associated States as France began unwinding the Indochinese monetary union. This note is the Laos-designated issue of that arrangement — parallel versions were printed for Cambodia and Vietnam, distinguished by overprint or color rather than entirely separate designs.

The Banque de France printing facility in Paris handled production. Within two years of issue, the 1954 Geneva Accords ended French Indochina entirely, and Laos moved toward its own national bank. Notes of this denomination and issuer had an extremely brief window of legitimate circulation.