Catalog
20 Đồng
| Issuer | National Bank of Vietnam |
|---|---|
| Year | 1964 |
| Type | Standard circulation banknote |
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| Obverse description | Green on multicolour underprint, with the bank title NGÂN-HÀNG QUỐC-GIA in a dark green panel at top centre and VIỆT-NAM below it. A large central guilloche rosette in gold and teal occupies the middle field, flanked by a watermark circle at right and the denomination HAI MƯƠI ĐỒNG in bold intaglio lettering at left against a tan underprint. Two facsimile signatures appear below the guilloche, with their respective titles TỔNG KIỂM-SOÁT and GIÁM ĐỐC SỞ PHÁT-HÀNH, and the numeral 20 is repeated in each lower corner. |
|---|---|
| Obverse lettering | NGÂN-HÀNG QUỐC-GIA VIỆT-NAM HAI MƯƠI ĐỒNG 20 TỔNG KIỂM-SOÁT GIÁM ĐỐC SỞ PHÁT-HÀNH HÌNH LUẬT PHẠT KHỔ-SAI NHỮNG KẺ NÀO GIẢ-MẠO GIẤY BẠC DO NGÂN-HÀNG QUỐC-GIA VIỆT-NAM PHÁT RA |
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| Comments |
The National Bank of Vietnam's relationship with Thomas De La Rue ran through much of the early Republic period, and this 1964 note is a product of that arrangement — printed in London for a government that was increasingly dependent on American financial support to keep its currency credible. By 1964, South Vietnam's monetary situation was under considerable strain, with inflationary pressure building as war expenditure mounted.
At just over twelve million printed, this issue was not a small one, yet survivors in any condition above heavy circulation are not especially common — the notes moved through an economy where paper money was used hard.