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Sale Of Coins In Laos

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Slerk's Avatar
Russian Federation
1555 Posts
 Posted 04/19/2026  08:16 am Show Profile   Bookmark this topic Add Slerk to your friends list Get a Link to this Message Number of Subscribers
I am currently in Luang Prabang, Laos. I saw coins and banknotes on sale at the night market. I think the banknotes are real, but I doubt the coins. I am waiting for your comments.
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HondoB's Avatar
United States
24878 Posts
 Posted 04/19/2026  09:51 am  Show Profile   Bookmark this reply Add HondoB to your friends list Get a Link to this Reply
Slerk, all of those "coins" are fake.
Inordinately fascinated by bits of metal with strange markings and figures
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Sap's Avatar
Australia
16805 Posts
 Posted 04/19/2026  09:54 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
Every single one of those "silver" coins will be fakes. possibly locally made, more likely imported from China.

It's the typical mixture you see: "common" silver coins, rare patterns, and impossible fantasies. None will actually be made of silver.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Pacificoin's Avatar
Canada
5391 Posts
 Posted 04/19/2026  10:59 am  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list Get a Link to this Reply
What a gigantic load of goo !
All Chinese counterfeits.
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Everest's Avatar
Taiwan
606 Posts
 Posted 04/19/2026  11:33 am  Show Profile   Bookmark this reply Add Everest to your friends list Get a Link to this Reply
These are all counterfeits as everyone has pointed out. I did purchase a few good Piastre's in Luang Prabang in 1973 as I travelled from
Northern Thailand across the Mekong river into the Laotian town of Houei Sai and then to Luang Prabang and then onto Vientiane. These three cities were controlled by the government at that time and the countryside was pretty much controlled by the Pathet Lao. Today no matter how remote you think you may be these markets will be flush with this tourist junk.
Edited by Everest
04/19/2026 11:50 am
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Sap's Avatar
Australia
16805 Posts
 Posted 04/19/2026  5:51 pm  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
Did anybody else notice the "In GOP we trust" on the " Trade dollar"?
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Bud250r's Avatar
United States
824 Posts
 Posted 04/19/2026  6:24 pm  Show Profile   Bookmark this reply Add Bud250r to your friends list Get a Link to this Reply
Tum Ting Wong with these coins.
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triggersmob's Avatar
Australia
9352 Posts
 Posted 04/19/2026  7:30 pm  Show Profile   Bookmark this reply Add triggersmob to your friends list Get a Link to this Reply
I saw similar loads of coins when I visited Viet-Nam a few years ago.
Caveat emptor.
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Slerk's Avatar
Russian Federation
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 Posted 04/19/2026  10:02 pm  Show Profile   Bookmark this reply Add Slerk to your friends list Get a Link to this Reply
Merchants also sell banknotes. Here are some of them. I've evaluated them and they look real, they have a watermark on them.
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HondoB's Avatar
United States
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 Posted 04/19/2026  11:11 pm  Show Profile   Bookmark this reply Add HondoB to your friends list Get a Link to this Reply
I imagine that Laos has laws concerning selling fake Laotian currency, whereas they don't care about replicas of foreign coins.
Inordinately fascinated by bits of metal with strange markings and figures
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jbuck's Avatar
United States
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Sap's Avatar
Australia
16805 Posts
 Posted 04/20/2026  8:20 pm  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
Those notes are almost certainly genuine - but they are equally certainly rather overpriced. That blue 10 kip note has a pricetag of 700,000 kip - which converts to US$31.80 at official rates. These notes can typically be found for less than US$10 in a banknote dealer's bargain box. Here's some for sale on ebay, three notes for US$20: https://www.ebay.com/itm/226529893226

Buy them if you like, they're certainly legitimate Laotian souvenirs. It will certainly help the local economy. Just be aware that they're not doing you any favours selling them to you.

Quote:
I imagine that Laos has laws concerning selling fake Laotian currency, whereas they don't care about replicas of foreign coins.

Laos does indeed have strict anti-counterfeiting laws, for both its own currency and current foreign currencies. However, these notes were issued by the previous regime, the French-backed monarchy, which the current communist government overthrew while the whole Vietnam War thing was going down in the 1970s. As such, I think the LPDR government attitude to making fake Kingdom of Laos banknotes would be "we don't care less, they're not valid legal tender in either case".

Much like it's perfectly legal to make fake Confederate States banknotes in the United States today; the official government attitude to it would be "that government was illegitimate and their money was illegitimate, so go ahead and fake it".
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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jbuck's Avatar
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 Posted 04/21/2026  08:38 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
the official government attitude to it would be "that government was illegitimate and their money was illegitimate, so go ahead and fake it".
I cannot argue with that.
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Slerk's Avatar
Russian Federation
1555 Posts
 Posted 04/23/2026  01:21 am  Show Profile   Bookmark this reply Add Slerk to your friends list Get a Link to this Reply
I hope you and I were interested in seeing the local market. I bought a couple of inexpensive banknotes. I'll post them to you later.

I found out the price of this banknote and the seller called the price at 500,000 kip (22,5$)
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