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1 dong 1956

Asia › Vietnam South
P-11956National Bank of VietnamUNC
1 dong 1956 from Vietnam South, P-1 (1956) — image 1
1 dong 1956 from Vietnam South, P-1 (1956) — image 2

About This Note

This is an exceptional example of the 1 Đồng note from the National Bank of Vietnam (Pick P-1), issued in 1956 and graded UNC. The note showcases beautiful multi-color engraving in green, pink/mauve, and tan tones with ornate decorative borders and two prominent circular frames. Both sides feature carefully engraved architectural imagery—a traditional pagoda/tower on the front and a ceremonial gate pavilion on the back—reflecting the cultural heritage of newly independent Vietnam during this important transitional period.

Rarity

common. The 1 Đồng P-1 from 1956 is a relatively common note in the Vietnamese banknote catalog. Large print runs were produced during this period, and these notes were in regular circulation for an extended period. Even in UNC condition, this denomination does not command premium prices in the numismatic market, indicating consistent availability to collectors. The catalog listing as Pick-1 (a foundational early issue) suggests it was widely produced and preserved.

Historical Context

This note was issued by the National Bank of Vietnam during the early years of the Democratic Republic of Vietnam, a period marked by nation-building and the establishment of new monetary institutions following independence. The architectural imagery—particularly the traditional pagoda on the front and the ceremonial gate on the back—served to evoke Vietnamese cultural identity and legitimacy for the fledgling state. The prominent placement of the National Bank of Vietnam issuer information reflects the early efforts to establish institutional credibility through formal, ornate design.

Design

The front of this note features a central ornate cartouche containing the denomination text 'MỘT ĐỒNG,' flanked by two large decorative circular frames—the left frame left blank and the right frame containing a finely engraved multi-tiered pagoda with traditional upturned eaves characteristic of Southeast Asian religious architecture. The back depicts a ceremonial entrance gate or pavilion with a domed structure, flanked by decorative walls and vegetation, within an ornate circular frame border. Both sides display elaborate filigree work, geometric patterns, and columned ornamental corner pieces. The empty circular frames on both sides may represent intended spaces for portraits or additional security features, suggesting this design may have been adapted from earlier or concurrent designs. Denomination numerals '1' appear in corner positions on both sides, housed within ornate frames.

Inscriptions

FRONT: 'NGÂN-HÀNG QUỐC-GIA VIỆT-NAM' (National Bank of Vietnam); 'MỘT ĐỒNG' (One Dong); 'TỔNG KIỂM-TRA' (General Inspector); 'THƯ-QUỲ TRUNG-ƯƠNG' (Central Treasury); 'HÌNH LUẬT PHÁT KHỐ-SAI NHỮNG KỂ NÀO LÀM GIẢ MẠO GIẤY BẠC ĐỘ NGÂN-HÀNG QUỐC-GIA VIỆT-NAM PHÁT RA' (According to law, those who counterfeit banknotes issued by the National Bank of Vietnam will be punished); Serial number 'D.6. 733567'. BACK: 'NGÂN-HÀNG QUỐC-GIA VIỆT-NAM' (National Bank of Vietnam); 'MỘT ĐỒNG' (One Dong); 'ĐÔNG' (Dong); denomination '1'; same counterfeiting warning as front side.

Printing Technique

This note was produced using traditional engraved intaglio printing, evidenced by the fine line work, cross-hatching, and deep detail visible throughout the design. The multi-color effect (green, pink/mauve, tan, white, and red accents) suggests color separation printing with multiple passes, a standard technique for currency of this era. The sharp, well-defined borders, elaborate decorative elements, and the precision of the ornamental work are characteristic of high-quality engraved currency production typical of early 1950s Asian banknote manufacture.

Varieties

The observed serial number prefix 'D.6.' and serial number '733567' indicate this specific note is from the D.6 series. Catalog references note that similar 1 Đồng notes exist with variations in the corner numerals—specifically, some versions contain small circles within the '1' numerals (as seen in this note, P-1), while other similar designs lack these circles (referenced as P-9). The back pattern with squares (olive-brown in original catalog description, though this note displays green/multi-color printing) and the presence of ornate circular frames throughout represent the standard design for the P-1 variety. This particular example represents the typical P-1 design with the distinctive circular frame elements and corner numeral details.