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500 Kip Old coat of arms
| Issuer | Bank of the Lao PDR |
|---|---|
| Year | 1988 |
| Type | Log in to see details |
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| Composition | Log in to see details |
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| Reference(s) | P#31 |
| Obverse description | The obverse carries a central vignette of workers adjusting an irrigation pipe, with electrical power transmission towers in the background and tractors visible in the field, evoking socialist agricultural and industrial themes. The state coat of arms is positioned to the upper left, set against a multicolour guilloche underprint. The denomination numeral and Lao script inscriptions appear along the upper and lower margins. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | ທະນາຄານ ແຫ່ງ ລັດ ຫ້າ ຮ້ອຍກີບ (Translation: State Bank Five Hundred Kips) |
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| Comments |
Pick 31 was issued in the final years before Laos undertook its major currency reform of 1988–1990, during which the government redenominated the kip at a rate of 100 old kip to 1 new kip. Notes of this series were rendered obsolete almost immediately, and the window for legitimate circulation was narrow enough that genuinely used examples are less common than survivors pulled from drawers or small hoards.
The "old coat of arms" designation in collector nomenclature distinguishes it from later printings that incorporated the revised state emblem adopted as Lao PDR institutions were progressively restructured through the late 1980s.