| Ön yüz açıklaması |
Printed in reddish-brown tones, the obverse carries a portrait vignette of Ho Chi Minh at right in a simple intaglio style, with the issuer's name rendered in both Vietnamese and Chinese characters along the upper border. The central field presents the denomination numeral "50" within a decorative cartouche above the inscription "TIN PHIEU", with the value spelled out as "NĂM MƯƠI ĐỒNG" along the lower margin. Two signature blocks appear in the lower centre, labelled "DAI DIEN CHINH PHU TRUNG UONG" and "DAI DIEN USHU TRUNG BO". |
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| Arka yüz açıklaması |
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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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.