{"product_id":"vietnam-labor-contribution-bond-cong-trai-xay-dung-to-quoc-100-dong-1984-redeemed","title":"Vietnam Labor\/Construction Bond 100 Dong 1984—Clipped—Công Trái Xây Dựng","description":"\u003cp data-start=\"146\" data-end=\"254\"\u003e\u003cstrong data-start=\"146\" data-end=\"214\"\u003eVietnam Labor Contribution Bond for National Construction Bond \u003cbr\u003e\u003c\/strong\u003e\u003cstrong data-start=\"146\" data-end=\"214\"\u003e\u003cem\u003eCông Trái Xây Dựng Tổ Quốc\u003c\/em\u003e\u003cbr\u003e100 Dong 1984 \u003ca href=\"https:\/\/en.numista.com\/485182\" rel=\"noopener\" target=\"_blank\"\u003eNumista catalog N#485182\u003c\/a\u003e Redeemed \u0026amp; Clipped\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp data-start=\"146\" data-end=\"254\"\u003e\u003cstrong data-start=\"146\" data-end=\"214\"\u003eCông Trái Xây Dựng Tổ Quốc (Labor Bonds for National Reconstruction)\u003c\/strong\u003e were government-issued patriotic bonds,\u003cstrong data-start=\"1211\" data-end=\"1382\"\u003e \u003c\/strong\u003enominally redeemable after a fixed term, though their real value was largely eroded by inflation during Vietnam's transition period.\u003c\/p\u003e\n\u003cp data-start=\"146\" data-end=\"254\"\u003eThey were issued as part of state financing:\u003c\/p\u003e\n\u003cul data-start=\"256\" data-end=\"444\"\u003e\n\u003cli data-section-id=\"1tj7zh9\" data-start=\"256\" data-end=\"301\"\u003eStructured as \u003cstrong data-start=\"272\" data-end=\"301\"\u003egovernment bonds on paper\u003c\/strong\u003e\n\u003c\/li\u003e\n\u003cli data-section-id=\"uur7i3\" data-start=\"302\" data-end=\"364\"\u003eTypically carried a \u003cstrong data-start=\"324\" data-end=\"364\"\u003efixed term (often around 5–10 years)\u003c\/strong\u003e\n\u003c\/li\u003e\n\u003cli data-section-id=\"ch3u9p\" data-start=\"365\" data-end=\"444\"\u003eOften included \u003cstrong data-start=\"382\" data-end=\"444\"\u003elow stated interest or prize-based returns (lottery-style)\u003c\/strong\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp data-section-id=\"bwyung\" data-start=\"451\" data-end=\"472\"\u003e\u003cstrong\u003eRedemption reality\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp data-start=\"474\" data-end=\"484\"\u003eIn theory, holders could \u003cstrong data-start=\"501\" data-end=\"523\"\u003eredeem the bonds at maturity\u003c\/strong\u003e through state banks, but In practice:\u003c\/p\u003e\n\u003cul data-start=\"558\" data-end=\"727\"\u003e\n\u003cli data-section-id=\"j7m9z8\" data-start=\"558\" data-end=\"610\"\u003e\n\u003cstrong data-start=\"560\" data-end=\"586\"\u003eInflation in the 1980s\u003c\/strong\u003e severely eroded their value\u003c\/li\u003e\n\u003cli data-section-id=\"kx61w0\" data-start=\"611\" data-end=\"727\"\u003ePayments were often:\n\u003cul data-start=\"636\" data-end=\"727\"\u003e\n\u003cli data-section-id=\"kd06bg\" data-start=\"636\" data-end=\"647\"\u003edelayed\u003c\/li\u003e\n\u003cli data-section-id=\"u01cks\" data-start=\"650\" data-end=\"682\"\u003epaid in depreciated currency, or\u003c\/li\u003e\n\u003cli data-section-id=\"1f3tk7\" data-start=\"685\" data-end=\"727\"\u003eadministratively difficult to claim\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp data-start=\"729\" data-end=\"788\"\u003eSo while technically redeemable, they functioned closer to \u003cstrong data-start=\"791\" data-end=\"852\"\u003equasi-compulsory patriotic contributions with a bond form. \u003c\/strong\u003eFor 1984 issues, e\u003cspan style=\"font-size: 0.875rem;\"\u003expected maturity would have been roughly \u003c\/span\u003e\u003cstrong data-start=\"931\" data-end=\"960\" style=\"font-size: 0.875rem;\"\u003elate 1980s to early 1990s. \u003c\/strong\u003eBut V\u003cspan style=\"font-size: 0.875rem;\"\u003eietnam's economic reforms (\u003c\/span\u003e\u003cstrong data-start=\"997\" data-end=\"1023\" style=\"font-size: 0.875rem;\"\u003eĐổi Mới, starting 1986\u003c\/strong\u003e\u003cspan style=\"font-size: 0.875rem;\"\u003e) reshaped the system midstream. \u003c\/span\u003e\u003cspan style=\"font-size: 0.875rem;\"\u003eBy the time of maturity, \u003c\/span\u003e\u003cstrong data-start=\"1084\" data-end=\"1120\" style=\"font-size: 0.875rem;\"\u003ereal value had largely collapsed.\u003c\/strong\u003e\u003c\/p\u003e\n\u003ch2 data-start=\"729\" data-end=\"788\"\u003e\u003cstrong data-start=\"1084\" data-end=\"1120\" style=\"font-size: 0.875rem;\"\u003eItem Characteristics\u003c\/strong\u003e\u003c\/h2\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003eSeries:\u003c\/strong\u003e National construction bonds series\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eSize:\u003c\/strong\u003e 176 × 93 mm\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eIssued:\u003c\/strong\u003e 1984 (series spans 1965–1984)\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eCurrency:\u003c\/strong\u003e First new đồng (1978–1985)\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eInterest rate:\u003c\/strong\u003e 2% annual\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eTerm:\u003c\/strong\u003e 10 years\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eIssuing authority:\u003c\/strong\u003e Ministry of Finance (Bộ Trưởng Bộ Tài Chính)\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eReverse:\u003c\/strong\u003e Transfer\/assignment form — buyer's name, address, ID; place and date of issuance; transfer-to fields; procedures at the People's Committee of the Commune or Ward\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eNumista:\u003c\/strong\u003e \u003ca href=\"https:\/\/en.numista.com\/485182\" rel=\"noopener\" target=\"_blank\"\u003eN#485182\u003c\/a\u003e — Rarity index 94\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003chr data-start=\"1122\" data-end=\"1125\"\u003e\n\u003ch2 data-section-id=\"901abv\" data-start=\"1127\" data-end=\"1173\"\u003eBuy Vietnam Labor Bonds for National Reconstruction\u003c\/h2\u003e\n\u003cp data-start=\"1407\" data-end=\"1454\"\u003eCollectors seek them because they sit in that fascinating category of\u003c\/p\u003e\n\u003cul data-start=\"1455\" data-end=\"1520\"\u003e\n\u003cli data-section-id=\"1hsp2zq\" data-start=\"1455\" data-end=\"1477\"\u003enot quite currency\u003c\/li\u003e\n\u003cli data-section-id=\"3j8v9y\" data-start=\"1478\" data-end=\"1496\"\u003enot quite debt\u003c\/li\u003e\n\u003cli data-section-id=\"1e961g1\" data-start=\"1497\" data-end=\"1520\"\u003enot quite voluntary\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp data-start=\"1522\" data-end=\"1532\"\u003eMore like:\u003c\/p\u003e\n\u003cp data-start=\"1535\" data-end=\"1655\" data-is-last-node=\"\"\u003e\u003cstrong data-start=\"1535\" data-end=\"1655\" data-is-last-node=\"\"\u003ePaper traces of a state asking its citizens to finance the future—then changing the rules before that future arrived\u003c\/strong\u003e\u003c\/p\u003e","brand":"World Money Store","offers":[{"title":"Default Title","offer_id":51818502521143,"sku":"VN-Bond-100-1984-Redeemed","price":2.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0969\/7165\/3431\/files\/Cong_trai_xay_d_ng_T_qu_c_savings_bond_1984_redeemed.jpg?v=1774452265","url":"https:\/\/worldmoneystore.com\/products\/vietnam-labor-contribution-bond-cong-trai-xay-dung-to-quoc-100-dong-1984-redeemed","provider":"World Money Store","version":"1.0","type":"link"}