Catalog
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| Issuer | State Bank of Laos |
|---|---|
| Year | 1988 |
| Type | Non-circulating coin |
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| Currency | Log in to see details |
| Composition | Log in to see details |
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| Diameter | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | Log in to see details |
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| Edge | Smooth |
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| 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.