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50 Kip Winter Olympics - Ice dancers

Issuer Laos
Year 1989
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Currency Lao PDR Kip (1979-date)
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Obverse lettering THE LAO PEOPLE'S DEMOCRATIC REPUBLIC 50 KIP
Reverse description Two stylised silhouetted ice dancers in full skating pose face one another at centre, their hands joined, set against an ornate background of a large snowflake motif and flowing decorative curves evoking movement on ice. Molecular-style snowflake ornaments appear in the lower left and right fields. The upper legend arcs 'XVI WINTER OLYMPIC GAMES' with 'ALBERTVILLE' and the year '1992' inscribed below in the upper field, while the mintage year '1989' appears to the lower right in the field.
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Additional information

Laos issued a wave of foreign-currency-targeted commemoratives in the late 1980s, struck almost entirely for export through Western coin dealers rather than domestic circulation. The country had no meaningful numismatic market of its own at the time — this piece was a hard-currency earner, plain and simple. KM#35.2 distinguishes itself from the .925 sibling variety (KM#35.1) by its .999 fine silver composition, a specification aimed at bullion-oriented collectors willing to pay a modest premium.

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