Laos 1971 5000 kip

Stack's Bowers 2021 NYINC sale, part of lot 20408

This specimen was part of lot 20408 in Stack's Bowers NYINC sale (Newport Beach, CA, January 2021), which sold for $4,080. The catalog description^[1] noted, "LAOS. Vatthana Coronation Silver Set (4 Pieces), 1971. All NGC Certified. 1) 10000 Kip. NGC MS-65. 2) 5000 Kip. NGC MS-66. 3) 2500 Kip. NGC PROOF-69 Ultra Cameo. 4) 1000 Kip. NGC MS-69. This entrancing and fairly SCARCE set includes the original case of issue and presents great eye appeal. Rather strangely, the 2500 Kip piece is clearly a proof, while the other three appear to have been struck with proof dies, but on planchets that appear matte overall." This set was issued to honor king Savang Vathana, who was ousted in 1975 when the communists took over. The mintage estimate was probably the amount authorized, not the amount sold. Gold coins (4,000, 8,000, 20,000, 40,000 kip) were also struck and sold.

Recorded mintage: est. 20,000 plus proofs.

Specification: 40 g, .925 fine silver, 1.189 troy oz ASW.

Catalog reference: KM-10.

Source:

• Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
• ^[1]Orsini, Matt, Richard Ponterio and Kyle Ponterio, The January 2021 NYINC Sale: Ancient Coins, World Coins & Paper Money, featuring the Oro del Nuevo Mundo and Matt Orsini Collections, Santa Ana, CA: Stack's Bowers LLC, 2020.

Link to:

• 1971 silver 1,000 kip
• 1971 silver 2,500 kip
• 1971 gold 4,000 kip
• 1971 gold 8,000 kip, coronation of the king
• 1971 silver 10,000 kip
• 1971 gold 20,000 kip
• 1971 gold 40,000 kip
• 1971 gold 80,000 kip
• 1975 5,000 kip, Laotian maiden
• 1975 5,000 kip, Wat Phra Kio museum
• Coins and currency dated 1971