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1 Đồng PoW camps

Issuer National Bank of Vietnam
Year 1955
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Size 110 x 61 mm
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Reverse description Black letterpress print. Central vignette shows a farmer standing in a rice paddy field, facing left, carrying a long pole, with a rural landscape and hills in the background. Ornate guilloche border frames the design, with denomination and anti-counterfeiting legend below the vignette and printer's imprint at foot.
Reverse lettering VIỆT-NAM
HÌNH LUẬT PHẠT KHỔ-SAI NHỮNG KẺ LÀM GIẢ MẠO GIẤY BẠC DO NGÂN-HÀNG QUỐC-GIA VIỆT-NAM PHÁT RA
MỘT ĐỒNG
1
SECURITY BANKNOTE COMPANY
(Translation: Vietnam. Criminal law sentences one to penal labour for counterfeiting paper money issued by the National Bank of the State of Vietnam. One dong.)
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Comments

The National Bank of Vietnam issued this note specifically for use in the prisoner-of-war camps administering the massive population transfers that followed the 1954 Geneva Accords. Under the accords' provisions, roughly 800,000 civilians and military personnel moved south, with a smaller flow heading north — a logistical operation requiring a parallel currency system that would not bleed into the general economy.

The question mark against the SBNC attribution reflects genuine uncertainty; the Philadelphia firm printed other early South Vietnamese issues, making the attribution plausible but not fully documented.

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