100 Đồng Caracal

Vietnam's wildlife coinage program of the 1990s was issued primarily for export — these pieces never circulated domestically and were produced almost exclusively for the international collector market, a common arrangement for developing nations seeking hard currency through numismatic sales. The State Bank partnered with foreign minting and distribution agents to move the product, meaning many examples left the country immediately after striking.

The caracal itself has no native range in Vietnam, an oddity worth noting.