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1000 Kip Rio Olympics 2016

Issuer Bank of the Lao PDR
Year 2015
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Value 1000 Kip
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Obverse description The national coat of arms of the Lao People's Democratic Republic is centrally displayed, featuring the Pha That Luang stupa flanked by paddy fields, forests, and a road, all enclosed within a decorative wreath of rice sheaves and a gear wheel at the base bearing a ribbon with Lao script. The circumferential legend THE LAO PEOPLE'S DEMOCRATIC REPUBLIC arcs around the upper field in Latin script, while the denomination 1000 KIP appears in the lower field. A fine beaded border frames the entire design.
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Edge Reeded
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Additional information

Laos had no athletes compete at the 2016 Rio Olympics. The country's Olympic Committee has sent delegations to the Games, but medal prospects have remained distant, and the 1000 Kip silver issue is squarely a numismatic product — minted for export sale rather than any domestic commemorative purpose. The Bank of the Lao PDR has issued similar collector pieces tied to international sporting events since the 1990s, none of which circulated.

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