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VIET NAM (NORTH): 5 hao, 1946, PCGS MS61

Currency:USD Category:Coins & Paper Money / World Coins - Asia & Middle-East Start Price:70.00 USD Estimated At:75.00 - 125.00 USD
VIET NAM (NORTH): 5 hao, 1946, PCGS MS61
SOLD
85.00USD+ buyer's premium (17.00)
This item SOLD at 2024 Jul 22 @ 15:29UTC-7 : PDT/MST
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VIET NAM (NORTH): 5 hao, 1946, KM-2.1, Lec-2, Value incuse in star, a pleasing example, PCGS graded MS61, ex Howard A. Daniel III Collection. The 5 Hao type with value in relief were minted in Shanghai by the Chinese Communists for the Viet Minh in the mid to late 1950s and they were used by the Vietnamese Communists as presentation coins; they retained the date 1946. Not all of them might have been shipped to Viet Nam. It is very possible the excess were found at the mint and are being disposed of onto the numismatic marketplace as this type is nearly always found in uncirculated quality, while the value incuse type is rarely found in high quality and was likely struck locally in Vietnam for circulation.