50 000 Kip

Laos issued commemorative silver well before establishing stable domestic bullion markets, and the Bank of the Lao PDR has long relied on foreign minting contracts — primarily with the Bavarian State Mint and occasionally with Pobjoy — to produce collector issues that never circulate domestically. The 50,000 kip denomination exists almost entirely as a notional face value; at any realistic exchange rate, it represents a fraction of the coin's silver content.