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10 Kip (Five-Masted Clipper)
| Issuer | State Bank of Laos |
|---|---|
| Year | 1988 |
| Type | Log in to see details |
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| Currency | Log in to see details |
| Composition | Log in to see details |
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| In circulation to | Log in to see details |
| Reference(s) | KM#101, Schön#32 |
| Obverse description | Central field bears the state emblem of the Lao People's Democratic Republic, depicting a landscape with paddy fields and a forest backdrop, surmounted by a hammer and sickle and a five-pointed star above. The emblem is flanked on either side by bound sheaves of rice, tied at the base with a decorative ribbon. The circular legend 'THE LAO PEOPLE'S DEMOCRATIC REPUBLIC' arcs along the upper periphery in Latin characters, while the denomination '10 KIP' appears in the lower field beneath the emblem. |
|---|---|
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| Mint | Log in to see details |
| Mintage | 1988 |
| Additional information |
Laos issued a wave of collector-oriented commemoratives through the late 1980s with little meaningful domestic circulation — the kip's purchasing power and the country's limited hard currency access made these pieces effectively export products sold through international coin dealers rather than instruments of trade. The five-masted clipper series belongs squarely to that category.
By 1988 the State Bank was regularly licensing foreign minting arrangements to generate convertible currency, a practice common among socialist states navigating Cold War-era trade restrictions.