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10 Đồng
| Issuer | Ngân Hàng Quốc Gia Việt Nam (National Bank of Vietnam) |
|---|---|
| Year | 1952 |
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| Currency | Đồng (1946-1975) |
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| Obverse description | The obverse is printed in brown monochrome and carries a portrait vignette of Hồ Chí Minh at the lower left, set against a rural scene of peasant farmers harvesting rice in the fields to the right. The country title VIỆT-NAM DÂN-CHỦ CỘNG-HÒA appears in an arc at the upper left, with a regional circulation restriction notice at upper centre naming the provinces Cần Thơ, Bạc Liêu, Sóc Trăng, Long Châu and Hà. The denomination 10 is stated at the lower right, with the inscription GIẤY BẠC VIỆT NAM and ĐỒNG below, while a banner bearing Chinese characters appears beneath the portrait. |
|---|---|
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| Reverse lettering | GIẤY BẠC VIỆT NAM THEO BẮC-LỊNH CỦA CHÁNH PHỦ VIỆT-NAM KẺ NÀO LÀM GIẢ HOẶC CÓ HÀNH-ĐỘNG HỦY HOẠI TỜ GIẤY BẠC CỦA CHÁNH-PHỦ SẼ BỊ TRỪNG TRỊ THEO QUÂN-PHÁP ĐẠI DIỆN BỘ TRƯỞNG BỘ TÀI CHÍNH CHỦ TỊCH ỦY BAN K.C.H.C. NAM-BỘ ĐẠI DIỆN TỔNG GIÁM-ĐỐC NGÂN-KHỐ QUỐC-GIA GIÁM-ĐỐC NGÂN HÀNG NAM-BỘ MƯỜI ĐỒNG KQ 102 SM H |
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| Comments |
The National Bank of Vietnam was established in 1951 as the monetary authority of the Associated State of Vietnam — still formally within the French Union but operating with its own currency, the đồng, replacing the Indochinese piastre at par. These early issues were a direct assertion of institutional independence, even as French forces remained engaged across the country.
Thomas De La Rue printed the series in London. P#37A is the more elusive of the two signature varieties catalogued for this denomination, which accounts for the premium it reliably attracts over its counterpart.