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50 000 Kip Ski resort "Manzherok"

Issuer Bank of the Lao PDR
Year 2023
Type Non-circulating coin
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Obverse script Latin
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Reverse script Cyrillic
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Additional information

Manzherok is a ski resort in the Altai Republic of Russia, developed aggressively after 2007 when Sberbank acquired the site and began a long-running expansion backed by federal tourism investment. Its appearance on a Lao commemorative has nothing to do with Laotian monetary history — this is contract coinage, struck for the collector market and issued under the Bank of the Lao PDR purely as a licensing arrangement, a practice that has made the institution one of the more prolific issuers of themed silver for the numismatic trade over the past decade.

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