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10 Đồng Pagoda, Silver issue
| Issuer | State Bank of Vietnam |
|---|---|
| Year | 1989 |
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| Currency | Second new đồng (1985-date) |
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| Obverse description | The national coat of arms of the Socialist Republic of Vietnam occupies the central field, depicting a red-enamelled shield bearing a five-pointed star above a cogwheel and sheaves of rice, tied with a ribbon inscribed VIỆT NAM. The fineness mark 'Ag900' appears to the right of the arms. The circular legend CỘNG HÒA XÃ HỘI CHỦ NGHĨA VIỆT NAM runs along the upper periphery in Latin script. The denomination '10 ĐỒNG' in large numerals and the date '1989' are inscribed in the lower field. |
|---|---|
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| Reverse script | Latin |
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| Additional information |
Vietnam issued both a standard base-metal and this .900 silver version of the 1989 Pagoda 10 Đồng simultaneously, a pattern the State Bank followed for several collector pieces during the late 1980s as the country sought hard currency through numismatic exports while the domestic economy was being restructured under Đổi Mới — the reform program launched in 1986 that began dismantling centralized price controls and state trading monopolies.
The silver variant was never intended for circulation. Export sales to foreign collectors were one of the few reliable sources of convertible currency available to Hanoi at the time.