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V19 2016 INDEX       E-SYLUM ARCHIVE

The E-Sylum: Volume 19, Number 27, July 3, 2016, Article 25

SOUTH VIET NAM 1000 DONG BANKNOTE OFFERED

Stack's Bowers Currency Specialist Aris Maragoudakis published a blog article on June 15, 2016 about a rare South Viet Nam banknote. -Editor

Old Man at Temple South Vietnam 1000 Dong banknote

Our upcoming Hong Kong Auction will feature one of the most sought after pieces in World Currency collecting. Stack’s Bowers is pleased to offer the South Viet Nam P-4Ap 1000 Dong Proof for the first time in our history. This note is at the top of every serious collector’s list for multiple reasons: its beauty, design, scarcity and interesting history, as well as the high denomination and the degree of difficulty of obtaining an example, especially a gem.

This note was proposed to the government after the Thomas De La Rue Company was commissioned to create a piece that represented the essence of South Viet Nam. The Old Man was printed to signify dedication and longevity, while he stared at the temple that represented the religious sentiment of the region. On the reverse a stunning woman offers an aura equal to that of the Mona Lisa. The background displays a boat on a lake with a mountainous landscape -- a symbol of the beauty of the area. TDLR produced a few test creations and ultimately the proposed design on the featured note was chosen. Sadly, while this design was approved through the Proof and Specimen stages, it was never issued, most likely due to the war. It is only available as a Proof, or a Specimen. There are fewer Proofs available than Specimens, however Proof examples lack the unique watermark of the old man that when held to the light, is staring at the woman.

The note will be offered in our live session of the Hong Kong Paper Money Sale in August.

The auction lots aren't online yet - I was hoping to see higher-resolution photos. It is a nice note. -Editor

Howard Daniel adds:

The note will likely get bids over US$10,000 and maybe close to double that.

To read the complete article, see:
The Old Man at the Temple - The Holy Grail of World Currency (www.stacksbowers.com/News/Pages/Blogs.aspx?ArticleID=2130)

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Wayne Homren, Editor

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