Laos 1971 80000 kip

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Heritage sale 3032, lot 25372
Laos 1971 80000 kip rev H3032-25372.jpg

Laos was a large kingdom until the 1800's, when the surrounding countries took portions of its territory, and eventually the French incorporated it into French Indo-China. It was reformed as a kingdom after World War II, but revolutionary forces within the country and French and US regional interests kept it from true independence. A Communist revolution through the 1950's and 1960's ended with formation of the People's Democratic Republic in 1975.

This specimen was lot 25372 in Heritage sale 3032 (Chicago, April 2014), where it sold for $4,406.25. The catalog description[1] noted, "Savang Vatthana gold Proof 80000 Kip 1971, PR68 Ultra Cameo NGC. A Superb Gem with dramatic cameo accentuated by deeply-mirrored fields. Numbered 500 with total mintage unknown and housed in an NGC Jumbo holder." This type is listed but not pictured in the SCWC. It is accompanied by 1000 (silver), 2500 (silver), 4000 (gold), 5000 (silver), 8000 (gold), 10,000 (silver), 20,000 (gold) and 40,000 (gold) commemoratives, probably all issued in sets.

Recorded mintage: unknown.

Specifications: 80 g, 0.900 fine gold, 2.31 troy oz AGW.

Catalog reference: KM 15.

Sources:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
  • Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 9th ed., Clifton, NJ: Coin and Currency Institute, 2017.
  • [1]Bierrenbach, Cristiano, Warren Tucker and David Michaels, Heritage World and Ancient Coins Auction 3032, Dallas, TX: Heritage Auction Galleries, 2014.

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