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1 Đồng

Issuer National Bank of Vietnam
Year 1964
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Reference(s) P#15
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Reverse description Mauve intaglio vignette occupying the right two-thirds of the face, rendered in fine line-engraved style, showing a farmer wearing a conical hat operating a wheeled agricultural tractor while ploughing a field, with trees and open sky in the background. The border comprises a meander-pattern frame with floral corner ornaments, and a blank circular watermark area is positioned at left. The bank title appears at the top and the denomination MỘT ĐỒNG is set in a cartouche panel at the bottom centre.
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Protection description Large circular blank watermark area visible on both faces, positioned at the right on the obverse and at the left on the reverse.
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Comments

The National Bank of Vietnam's relationship with Thomas De La Rue stretched across much of the 1950s and '60s, a period when the Saigon government was simultaneously fighting a war, managing inflation, and trying to maintain the appearance of institutional normalcy. De La Rue printed for dozens of postcolonial governments at this time, and South Vietnamese notes from this era reflect that London-house quality — technically competent, politically neutral in execution.

The 1 Đồng denomination circulated at a level where notes absorbed real punishment. Low-value paper in wartime economies rarely survives in quantity.

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