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500 Ðồng
| Issuer | National Bank of Vietnam (Ngân-Hàng Quốc-Gia Việt-Nam) |
|---|---|
| Year | 1955 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | Ngân-Hàng Quốc-Gia Việt-Nam Năm Trăm Ðồng (Translation: National Bank of Vietnam Five Hundred Ðồng) |
| Reverse description | Intricate orange-brown guilloche design on a lightly printed background, with radiating line patterns emanating from a central circle enclosing the numeral 500. The denomination in Vietnamese is printed in bold letters within ornamental panels on the left and right sides, and the country name appears in the top panel. A legal warning inscription runs along the lower margin in small text. |
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| Comments |
The National Bank of Vietnam was established only in 1951, and this 1955 series represented its first substantive effort to issue notes printed to international security standards rather than relying on the French colonial piastre infrastructure that had preceded it. The American Bank Note Company contract placed Saigon's monetary apparatus firmly within the Western camp at a moment when the Geneva Accords had just partitioned the country and Ngô Đình Diệm was consolidating power in the South.
P#10 is the highest denomination in the ABNC-printed 1955 series, making it the note most likely to have been held rather than spent — high-value notes in Vietnam during this period circulated poorly at the street level.