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60 000 Kip Year of the Horse

Issuer Bank of the Lao PDR
Year 2002
Type Non-circulating coin
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Obverse description The national arms of the Lao People's Democratic Republic depicted in high relief at center, featuring the That Luang stupa set against a landscape framed by two stalks of paddy rice, above a half cogwheel and a ribbon bearing the country name in Lao script. The circumferential legend reads THE LAO PEOPLE'S DEMOCRATIC REPUBLIC along the upper border, with the date 2002 prominently inscribed in the lower field.
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Reverse lettering 5 OZ 925 FINE SILVER · 60,000Kip
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Additional information

Laos issued this coin as part of a series marking the Chinese zodiac cycle, a practice the Bank of the Lao PDR pursued aggressively through the late 1990s and early 2000s targeting the collector export market rather than domestic circulation. These pieces never entered everyday use — the 60,000 kip face value was wildly impractical in an economy where that sum represented meaningful purchasing power, and the silver content alone dwarfed the denomination's real utility.

The 155.5g specification places it in the five-troy-ounce category favored by Pacific Rim mints for prestige collector issues of this period.

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