Catalog
10 Kip Olympics Sydney 2000
| Issuer | Bank of the Lao PDR |
|---|---|
| Year | 1999 |
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| Reference(s) | KM#70, Schön#78 |
| Obverse description | The national arms of the Lao People's Democratic Republic occupy the central field, depicting the Pha That Luang stupa flanked by rice stalks forming a wreath, with a decorative ribbon at the base bearing inscriptions in Lao script. The outer legend reads 'THE LAO PEOPLE'S DEMOCRATIC REPUBLIC' along the upper periphery in Latin script, while Lao script inscriptions appear within and below the arms. The denomination '10 KIP' is inscribed in the lower field in Latin characters. |
|---|---|
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| Reverse lettering | XXVII OLYMPIAD · SYDNEY 2000 1999 |
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| Additional information |
Laos issued a wave of commemorative coinage in the late 1990s almost entirely for the collector export market — the domestic economy ran on banknotes, and pieces like this never saw meaningful circulation within the country. The Sydney Games issue was part of a broader licensing arrangement that saw dozens of smaller nations produce Olympic-themed coins they had no athletic stake in, generating hard currency revenue through overseas numismatic sales.