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10 Đồng Dragon Ship

Issuer State Bank of Vietnam
Year 1988
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Currency Second new đồng (1985-date)
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Obverse script Latin
Obverse lettering CỘNG HÒA XÃ HỘI CHỦ NGHĨA VIỆT NAM 10 · ĐỒNG
(Translation: Socialist Republic of Vietnam)
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Additional information

Vietnam's late-1980s coinage program coincided with the Đổi Mới economic reforms launched in 1986, which dismantled central planning and reopened Vietnam to foreign trade — a political pivot so sharp it rendered much of the preceding monetary apparatus obsolete almost immediately. Coins from this transitional window circulated briefly before rampant inflation made low-denomination metal coinage economically pointless, which is why many survivors show little wear.

The KM#37.1 designation distinguishes this from a minor variant; collectors should confirm the specific edge treatment before attributing.

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