Catalog
1 Piastre Vietnam Issue
| Issuer | Institut d'Emission des Etats du Cambodge, du Laos et du Vietnam |
|---|---|
| Year | 1954 |
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| Shape | Rectangular |
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| Obverse description | The obverse is printed in blue and green intaglio on a fine guilloche underprint, with a central vignette of a tropical forest landscape showing tall hardwood trees at left and right flanking a background of palm trees and dense jungle canopy rendered in green. The issuer's title in French runs across the top in bold letterpress, with the denomination UNE PIASTRE set in large type at centre. Two manuscript signatures appear below the denomination under the titles LE PRESIDENT and UN ADMINISTRATEUR, and an anti-counterfeiting legend is printed along the lower border. |
|---|---|
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| Protection type | Watermark |
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| Comments |
The Institut d'Emission des Etats du Cambodge, du Laos et du Vietnam was itself a short-lived institution, established in 1952 to replace the Banque de l'Indochine as the currency authority for the three Associated States — a political concession to nominal sovereignty while France retained practical monetary control. By 1954, the Geneva Accords were dissolving that arrangement entirely. Notes printed that year were entering circulation just as the issuing authority was being wound down, with separate national banks imminent for all three states.
Thomas De La Rue's London plant handled the print run of just over twelve million. The Vietnam-designated issue of this denomination is the scarcest of the three country variants in the series.