Catalog
3000 Kip Anticipation Rabbit
| Issuer | Bank of the Lao PDR |
|---|---|
| Year | 1999 |
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| Shape | Round |
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| Obverse lettering | THE LAO PEOPLE'S DEMOCRATIC REPUBLIC / 1999 |
| Reverse description | A finely detailed rabbit in mid-stride is depicted in high relief at the center of the field, partially gold-plated, set against a stylized radiant sun background with alternating gold-plated and plain silver rays. A large Chinese character for 'rabbit' (兔) appears to the right in gold-plated relief. The legend ANTICIPATION curves along the upper right periphery in Latin script, with the denomination 3000 Kip inscribed to the right of the rabbit and the specification 20gm 925 Silver along the lower edge. |
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| Additional information |
Issued as part of Laos' ongoing lunar new year commemorative program, this piece marks the Year of the Rabbit in the twelve-year cycle — 1999 corresponding to year 2542 in the Buddhist Era calendar observed in the Lao PDR. The Bank of the Lao PDR began producing silver lunar issues in the 1990s primarily for the export collector market, as domestic circulation of silver coinage was entirely negligible in a country where the kip itself had suffered severe devaluation following the 1997 Asian financial crisis, which hit regional currencies hard just two years before this piece was struck.