Catalog
| Issuer | Bank of the Lao PDR |
|---|---|
| Year | 1988 |
| Type | Non-circulating coin |
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| Obverse description | Central field displays the national emblem of the Lao People's Democratic Republic, featuring a stylised landscape with rice paddies, forests, and a road converging toward the horizon, flanked by sheaves of rice and framed by a gear wheel at the base. A hammer and sickle surmounted by a five-pointed star appear prominently above the central scene. Two scrolled ribbons bearing Lao script legends flank the lower portion of the emblem, with an additional scroll at the base carrying the national motto in Lao. The legend 'THE LAO PEOPLE'S DEMOCRATIC REPUBLIC' arcs along the upper rim, while the denomination '10 KIP' is inscribed along the lower rim. |
|---|---|
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| Reverse script | Latin |
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| Additional information |
Laos issued a series of foreign-themed commemoratives in the late 1980s aimed squarely at the Western collector market — revenue generation dressed as numismatics. The "Prussia Magnetic" designation distinguishes this from a nearly identical non-magnetic copper-nickel strike of the same type, a production inconsistency that suggests mixed alloy batches rather than any deliberate mint decision.
These were never intended for domestic circulation in a country where the kip's purchasing power made a 10-kip coin essentially symbolic.