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| 正面描述 | A central intaglio vignette of the National Bank of Vietnam building occupies the midfield, rendered in blue-grey tones over a multicolour guilloche underprint that extends across the full face. Denomination numerals '1000' appear at the lower left and upper right corners, with the bank title inscribed along the top and the value text 'MỘT NGÀN ĐỒNG' positioned at the lower right. Two signature lines for the Tổng Kiểm-Soát and Thống-Đốc are printed beneath the building vignette. |
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| 背面描述 | A large central guilloche rosette in blue and green intaglio dominates the reverse, with the numeral '1000' overprinted at its centre. Elaborate scrollwork and spiral guilloche patterns fill both lateral margins as security ornamentation, while the bank title appears at the top and 'MỘT NGÀN ĐỒNG' at the lower right. A two-line legal tender warning inscription in Vietnamese is set at the lower left. |
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By 1971, the National Bank of Vietnam was operating under severe inflationary pressure — the 1000 Đồng note, once a high denomination, had lost substantial purchasing power as the war economy accelerated money supply growth well beyond productive output. Thomas De La Rue's London facility produced the series, a common arrangement for South Vietnamese currency throughout the Republic's existence, as domestic printing infrastructure capable of handling security paper never developed locally.
Pick 29 collectors should note that the watermark is the primary security feature — no security thread was incorporated, a limitation that made counterfeiting a persistent operational concern for the Saigon government in its final years.