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200 Đồng

Issuer National Bank of Vietnam
Year 1958
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Size 168 × 83 mm
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Obverse lettering NGÂN-HÀNG QUỐC-GIA VIỆT-NAM VIET-NAM CONG-HOA HAI TRĂM ĐỒNG TỔNG KIỂM-TRA THỦ-QUỶ TRUNG-ƯƠNG 200
(Translation: National Bank of the State of Vietnam. Republic of Vietnam. Two hundred đồng. Chief Inspector. Central Cashier. 200.)
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Reverse lettering VIỆT-NAM HAI TRĂM ĐỒNG HÌNH LUẬT PHẠT KHỔ-SAI NHỮNG KẺ LÀM GIẢ MẠO GIẤY BẠC DO NGÂN-HÀNG QUỐC-GIA VIỆT-NAM PHÁT RA 200
(Translation: Vietnam. Two hundred đồng. Criminal law sentences one to penal labour for counterfeiting paper money issued by the National Bank of the State of Vietnam. 200.)
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Comments

The National Bank of Vietnam contracted the American Bank Note Company for several of its early issues, this being among them. ABNC's New York engravers produced work of considerably higher technical quality than the South Vietnamese government could have sourced domestically at the time, a practical necessity for a young central bank trying to establish credibility against a population still partly accustomed to French Indochinese piastres.

Pick 9 is the least frequently encountered denomination of the 1958 series in higher circulated grades, with heavy wear concentrated along horizontal fold lines — a consequence of how larger-value notes were typically stored folded in markets and carried by traders rather than held flat.

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