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2 Xu

Issuer National Bank of Vietnam
Year 1958
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Value 2 Xu (0.02)
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Obverse description A simplified adaptation of the national emblem of the Democratic Republic of Vietnam centred on the coin's round central hole. The emblem comprises a toothed cogwheel encircling the hole, flanked by rice sheaves tied with a ribbon at the base, and surmounted by a five-pointed star in the upper field. A bundle of rice stalks appears below the cogwheel. The circular legend NƯỚC VIỆT NAM DÂN CHỦ CỘNG HOÀ runs along the periphery in Latin script.
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Reverse description The numeral '2' is positioned above the central round hole, with the denomination spelled out as 'HAI XU' in bold Latin letters below the hole. The date 1958 appears in the lower exergue. The circular legend NGÂN HÀNG QUỐC GIA VIỆT NAM (National Bank of Vietnam) runs along the upper periphery of the coin.
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Additional information

The National Bank of Vietnam issued this aluminum coinage in 1958 as the newly partitioned Democratic Republic consolidated its monetary infrastructure following the 1954 Geneva Accords. Aluminum was the practical choice — cheap, lightweight, and available without the hard currency reserves that copper or nickel would have required from an economy still rebuilding after nearly a decade of war against France.

Circulation was brief and geographically compressed. By the early 1960s, wartime economic disruption made low-denomination coinage increasingly impractical in the North, which is why survivors in unworn condition are less common than the modest original mintage figures might suggest.

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