Catalog
50 Ðồng
| Issuer | Ngân hàng Quốc gia Việt Nam (National Bank of Vietnam) |
|---|---|
| Year | 1951 |
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| Currency | Second northern đồng (1951-1958) |
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| Obverse description | At right, an oval vignette contains a portrait of President Ho Chi Minh framed by a laurel wreath. To the left, the denomination "NAM MƯƠI ĐỒNG" and numeral "50" are set against a fine guilloche underprint with ornamental rosette motifs. The issuer's name "VIỆT NAM DÂN CHỦ CỘNG HÒA" runs across the top with Chinese characters below, and the prefix and serial number appear in red. |
|---|---|
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| Variants | P#61a - green P#61b - brown |
| Comments |
The National Bank of Vietnam was established by decree in May 1951 as part of the Associated State of Vietnam's effort to replace the Indochinese piastre with a distinctly Vietnamese currency — the đồng. This note belongs to that inaugural emission, the first series issued under the new institution's authority rather than the Banque de l'Indochine, which had controlled currency in the region since 1875.
Thomas De La Rue printed the series in London. The "Printed: 30.04.1945" date in the catalog data is almost certainly a data entry error — the bank did not exist until 1951.