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50 000 Kip Horse
| Issuer | Bank of the Lao PDR |
|---|---|
| Year | 2002 |
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| Composition | Log in to see details |
| Weight | 7.78 g |
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| Obverse description | Central depiction of the national arms of the Lao People's Democratic Republic, featuring That Luang stupa at centre surrounded by a wreath of rice stalks tied with a ribbon at base, encircled by a gear wheel and a road or waterway motif. The circular legend 'THE LAO PEOPLE'S DEMOCRATIC REPUBLIC' runs along the upper periphery, with the date '2002' inscribed in the lower exergue. |
|---|---|
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| Reverse description | A highly detailed rendering of a galloping horse advancing to the right in a dynamic, flowing pose with mane and tail streaming, set within a plain field. The inscription '1/4 OZ 999.9 FINE GOLD' appears along the upper legend, the denomination '50,000 Kip' is inscribed at the lower portion of the field, and a small Chinese character cartouche appears to the right of the horse, referencing the Chinese lunar year of the Horse. |
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| Additional information |
Laos issued a series of lunar gold coins in the early 2000s targeting the collector export market rather than domestic circulation — the 50,000 Kip face value was nominal at best, bearing no meaningful relationship to the coin's actual gold content value or to wages in one of Southeast Asia's poorest economies at the time. The Bank of the Lao PDR partnered with outside minting facilities for these issues, as the country lacked domestic precious-metal striking capacity.
The 2002 Horse corresponds to the Year of the Horse in the Chinese sexagenary cycle, situating this squarely within a production run calculated for diaspora and Asian collector markets.