4 Tiền - Bao Dai

Bảo Đại ascended the throne in 1926 at age twelve under French tutelage, and the coins issued under his name reflect the administrative reality of the protectorate: monetary policy was controlled by the Banque de l'Indochine, not the imperial court at Huế. These silver pieces were effectively ceremonial from the outset, minted in quantities that suggest presentation or ritual use rather than everyday commerce.

The X# prefix in the Krause reference confirms their classification as non-circulating or pattern issues — placed outside the main catalog precisely because their monetary function was always secondary to their political symbolism within the French colonial framework.