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10 Đồng

Issuer Ngân Hàng Quốc Gia Việt Nam (National Bank of Vietnam)
Year 1952
Type Pattern or trial banknote
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Obverse lettering VIỆT-NAM DÂN-CHỦ CỘNG-HÒA
CHỈ LƯU HÀNH TRONG CÁC TỈNH CẦN THƠ * BẠC LIÊU * SÓC TRĂNG * LONG CHÂU * HÀ
GIẤY BẠC VIỆT NAM
10 ĐỒNG
越南民主共和
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Reverse lettering GIẤY BẠC VIỆT NAM
THEO BẮC-LỊNH CỦA CHÁNH PHỦ VIỆT-NAM KẺ NÀO LÀM GIẢ HOẶC CÓ HÀNH-ĐỘNG HỦY HOẠI TỜ GIẤY BẠC CỦA CHÁNH-PHỦ SẼ BỊ TRỪNG TRỊ THEO QUÂN-PHÁP
ĐẠI DIỆN BỘ TRƯỞNG BỘ TÀI CHÍNH CHỦ TỊCH ỦY BAN K.C.H.C. NAM-BỘ
ĐẠI DIỆN TỔNG GIÁM-ĐỐC NGÂN-KHỐ QUỐC-GIA GIÁM-ĐỐC NGÂN HÀNG NAM-BỘ
MƯỜI ĐỒNG
KQ 102
SM
H
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The National Bank of Vietnam was established in 1951 as the monetary authority of the Associated State of Vietnam — still formally within the French Union but operating with its own currency, the đồng, replacing the Indochinese piastre at par. These early issues were a direct assertion of institutional independence, even as French forces remained engaged across the country.

Thomas De La Rue printed the series in London. P#37A is the more elusive of the two signature varieties catalogued for this denomination, which accounts for the premium it reliably attracts over its counterpart.

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