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5 Đồng Phoenix, Silver issue

Issuer State Bank of Vietnam
Year 1989
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Value 5 Đồng
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Reverse description A stylized mythological phoenix (Phượng hoàng) is depicted in profile facing right, rendered in a traditional Vietnamese decorative style with elaborate, segmented tail feathers extending to the lower left, ornately detailed wings raised in flight, and a crested, dragon-like head. The design is drawn from classical Vietnamese artistic motifs and occupies the majority of the field. The inscription CHIM PHƯỢNG curves along the lower periphery in bold Latin characters.
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Edge Reeded
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Additional information

Vietnam struck limited silver versions of certain circulating-type designs in the late 1980s primarily for the collector export market, a revenue strategy common among socialist states navigating hard-currency shortages. The .900 fine silver specification here mirrors the old French Indochinese piastre standard — almost certainly not coincidental given the numismatic audience these pieces were targeting.

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