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500 Ðồng

Issuer National Bank of Vietnam
Year 1964
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Shape Rectangular
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Obverse description Central vignette presents the ornate entrance gate of the Saigon Zoological and Botanical Garden, rendered in intaglio with fine architectural detail against a guilloche underprint in green and brown tones. A large circular watermark void appears to the right, while a dark rosette medallion to the left carries the denomination NAM TRAM DONG in raised lettering. The serial number and two facsimile signatures appear along the lower margin, with the issuing bank's title across the top.
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Reverse lettering NGÂN-HÀNG QUỐC-GIA VIỆT-NAM
500
NĂM TRĂM ĐỒNG
HÌNH LUẬT PHẠT KHỔ SAI KHÔNG XÁ HẠN NÀO GIẢ BẠC DO NGÂN-HÀNG QUỐC-GIA VIỆT-NAM PHÁT RA
(Translation: National Bank of Vietnam / 500 / Five Hundred Đồng / Counterfeiting the banknotes issued by the National Bank of Vietnam is punishable by life imprisonment without pardon)
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Comments

The National Bank of Vietnam turned to Thomas De La Rue for this series at a point when South Vietnam's currency was under sustained pressure — not from counterfeiting alone, but from a parallel economy running on U.S. military payment certificates and black-market dollars that made the đồng increasingly marginal in daily high-value transactions.

De La Rue's London production gave the note stronger security credentials than the locally printed issues of the same period, though the single watermark remained modest protection by the standards of the day.

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