Catalog
50 Đồng
| Issuer | Ngân hàng Quốc gia Việt Nam |
|---|---|
| Year | 1951 |
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| Shape | Rectangular |
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|---|---|
| Obverse lettering | VIET NAM DAN CHU CONG HOA 越南民主共和 伍拾元 TIN PHIEU 50 DAI DIEN CHINH PHU TRUNG UONG DAI DIEN USHU TRUNG BO NĂM MƯƠI ĐỒNG |
| Reverse description | The reverse, also printed in reddish-brown, is dominated by a large guilloche underprint with the numeral "50" repeated across the central field. The denomination inscription "NĂM MƯƠI ĐỒNG" runs along the upper border, while the year "1951" appears along the lower margin. An alphanumeric serial number is printed in red. |
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| Comments |
The Ngân hàng Quốc gia Việt Nam — the National Bank of Vietnam — was established in 1951 as part of the State of Vietnam's effort to build sovereign financial institutions under Bảo Đại's government, replacing the Indochinese piastre system administered by the Banque de l'Indochine. This note belongs to that founding issue series, which was printed by the American Bank Note Company in New York.
The timing matters: the Korean War had tightened U.S. financial support for anti-communist governments across Asia, and Washington was actively backing Saigon's institutional infrastructure. ABNC's involvement reflects that alignment directly.