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This has prompted laws requiring private and municipal banks to transact and offer services for coins and the full discontinuation of small denomination and cotton-based notes. Also, the coins did not gain popularity from the Vietnamese people. [19] Eventually, State Bank of Vietnam withdrew its distribution in April 2011. [20] [21]
Coins were issued in denominations of 1, 2 and 5 xu. All were holed coins struck in aluminium and were issued in the name of the Ngân-Hàng Việt-Nam (Bank of Vietnam). The 2 xu coin was dated 1975. The 1 and 5 xu were not dated but Krause & Mishler date them to 1976.
The government (Việt Nam Dân Chủ Cộng Hòa) issued two forms of paper money for this currency, "Vietnamese banknotes" (Giấy Bạc Việt Nam) and "Credit notes" (Tín Phiếu). In 1946, banknotes were introduced in denominations of 20 and 50 xu, 1, 5, 20, 50, 100 đồng, together with credit notes for 1 đồng.
The Tự Đức Bảo Sao (chữ Hán: 嗣德寶鈔) was a series of large denomination Vietnamese cash coins produced under the reign of Emperor Tự Đức from 1861 to complement the contemporary Tự Đức Thông Bảo (嗣德通寶) copper and zinc cash coins with larger nominal values.
The inspiration to introduce the văn may have been to emulate the Chinese wén used on contemporary Qing dynasty cash coins which had just become a fiat currency, however unlike the Chinese system where all Chinese cash coins were cast from the same metals and the wén was the primary unit of account for coins made of the same metals, the ...
The sapèqueries of Đại Nam under Emperor Tự Đức were operated by the Hanoi Office of Current Money (河內通寶局, "Hà-Nội Thông Bảo Cục") which replaced the former Office of Currency (Bảo Tuyền Cục) and the Capital Office of Currency (Bảo Hoá Kinh Cục), and the main sapèqueries were located in Huế while mints were also in operation in Hanoi, Sơn Tây, and ...
A lump of ancient Vietnamese cash coins in the National Museum of Vietnamese History, Hanoi. The list of coin hoards in Vietnam comprises significant archaeological hoards of coins, other types of coinages (e.g. sycees) or objects related to coins discovered in Vietnam. The history of Vietnamese currency, independent from China, dates back to the Đinh dynasty period with the Thái Bình Hưng ...
The Bảo Đại Thông Bảo (chữ Hán: 保大通寶; French: Sapèque Bao-Daï) was a round Copper-alloy coin with a square hole produced by the Nguyễn dynasty under French protection and was the last cash coin produced both in Vietnam and the world, this ended a long series of cast Vietnamese coinage that started with the Thái Bình Hưng Bảo in 970. [2]