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50 000 Kip Little Dragon

Issuer Bank of the Lao PDR
Year 2024
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Currency Lao PDR Kip (1979-date)
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Obverse description Central depiction of That Luang (Pha That Luang), the iconic golden stupa and national symbol of Laos, rendered in fine relief against a mirror-polished black field. The structure is shown in full frontal elevation with its characteristic tiered spire, surrounding smaller stupas, and ceremonial gateway at the base. The legend 'Bank of the LAO PDR' curves along the upper portion of the coin. To the left of the stupa, the fineness mark 'Ag 925' is inscribed vertically, and the Moscow Mint monogram (ММД) appears to the right. The denomination '50000 Kip' and the date '2024', flanked by two dots, are inscribed in the lower field.
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Reverse description Colorized depiction of a stylized juvenile dragon rendered in a cartoonish illustrative style, set against a deep black field occupying the full reverse. The creature is shown in a frontal resting pose, its scaly blue body with beige underbelly prominently displayed, with small bat-like wings folded at its sides and large vivid green eyes giving it a playful expression. The Cyrillic legend 'ГОД ДРАКОНА' (Year of the Dragon) is inscribed in bold white lettering along the lower arc of the coin, referencing the Chinese Lunar Year of the Dragon.
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Additional information

The "Little Dragon" belongs to a wave of Lao commemorative silver issues produced almost entirely for the export collector market — the Bank of the Lao PDR has maintained an active program of themed bullion commemoratives since the 1990s, most struck under contract at foreign mints and never intended for domestic circulation. The 2024 date places this squarely in the Year of the Dragon under the sexagenary cycle, a release window that generates predictable demand across Southeast and East Asian collector markets.

KM#254 attribution confirms this as a catalogued issue rather than a private mint fantasy piece — a distinction worth noting given the volume of uncatalogued Lao-denominated silver appearing from the same period.

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