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10 Xu

Issuer Ngân Hàng Việt Nam (Bank of Vietnam)
Year 1966
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Size 100 × 50 mm
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Reverse description Central vignette presents a busy riverside scene along the Mekong River, with figures loading and unloading cargo from sampans and river craft, executed in rich intaglio engraving on a warm ochre ground. The legend "GIẤY BẠC NGÂN HÀNG VIỆT NAM" is inscribed along the upper border, and denomination numeral "10" appears in guilloche medallions at the left and right sides. The denomination text "MƯỜI XU" and the date "1966" are enclosed within a floral and scrollwork cartouche at the base.
Reverse lettering GIẤY BẠC NGÂN HÀNG VIỆT NAM
MƯỜI XU
1966
(Translation: Note of the Bank of Vietnam / Ten Xu / 1966)
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Comments

The R-prefix in Pick's catalogue designates regional or provisional issues, and this 10 Xu falls into an unusual administrative category — these small-denomination xu notes circulated in specific southern zones during a period when the Democratic Republic of Vietnam was managing parallel monetary systems under wartime conditions. Low face value and heavy use meant most examples survived in poor shape, and losses to humidity in the Mekong climate compounded the attrition.

At 100 × 50 mm, the format was deliberately minimal — cheap to produce in quantity, easy to handle in field conditions. The 1966 date places it squarely in the escalation phase of American involvement, when supply disruptions made small change genuinely difficult to maintain in circulation.

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