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100 Đồng Dragon Boat
| Issuer | State Bank of Vietnam |
|---|---|
| Year | 1988 |
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| Value | Log in to see details |
| Currency | Second new đồng (1985-date) |
| Composition | Log in to see details |
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| Obverse description | Central field features the national emblem of the Socialist Republic of Vietnam: a circular device composed of a five-pointed star above a cogwheel, flanked by rice sheaves bound with a ribbon inscribed VIỆT NAM at the base. The legend CỘNG HÒA XÃ HỘI CHỦ NGHĨA VIỆT NAM curves along the upper periphery, while the denomination 100 ĐỒNG is boldly rendered in the lower field beneath the emblem. The design is executed in high relief against a mirror-polished proof field. |
|---|---|
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| Edge | Smooth |
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| Additional information |
Vietnam's 1988 commemorative silver program was issued during the tail end of the "Doi Moi" economic reform period, when the State Bank was simultaneously trying to stabilize a currency ravaged by post-reunification mismanagement and hyperinflation that had peaked above 700% annually. Hard-currency foreign exchange was desperately needed, and these collector issues — sold almost exclusively to Western and Asian numismatic markets — were a direct mechanism for earning it. The coins were never intended to circulate domestically.