Laos began issuing lunar new year commemoratives in the 1990s primarily for the export collector market — these coins saw essentially no domestic circulation and were sold almost exclusively through international coin dealers and Pacific Rim distributors. The Bank of the Lao PDR functioned here less as a monetary authority than as a licensing arrangement, with production almost certainly contracted to a European or Australian mint.
The 2006 date corresponds to the Year of the Dog beginning January 29th of that year — the 11th position in the twelve-year cycle.
Laos began issuing lunar new year commemoratives in the 1990s primarily for the export collector market — these coins saw essentially no domestic circulation and were sold almost exclusively through international coin dealers and Pacific Rim distributors. The Bank of the Lao PDR functioned here less as a monetary authority than as a licensing arrangement, with production almost certainly contracted to a European or Australian mint.
The 2006 date corresponds to the Year of the Dog beginning January 29th of that year — the 11th position in the twelve-year cycle.