This note is at the top of every serious collector's list for multiple reasons: its beauty, design, scarcity and interesting history, as well as the high denomination and the degree of difficulty in obtaining an example, especially a Gem.
This note was proposed to the government after the Thomas De La Rue Company was commissioned to create a piece that represented the essence of South Viet Nam. The Old Man was printed to signify dedication and longevity, while he stared at the temple that represented the religious sentiment of the region. On the reverse a stunning woman offers an aura equal to that of the Mona Lisa. The background displays a boat on a lake with a mountainous landscape -- a symbol of the beauty of the area.
TDLR produced a few test creations and ultimately the proposed design on this featured note was chosen. Sadly, while this design was approved through the Proof and Specimen stages, it was never issued, most likely due to the war. Therefore, it is only available as a Proof, or a Specimen. The differences between a Proof and a Specimen example lie only with the Old Man Watermark, GIAY MAU overprint on the back ,and red specimen numbers that are seen on the Specimens.
We are very excited to offer this note as we have not seen a Proof example ever sold in Public Auction. It is likely that if one ever sold, it was not as nice as this one since PMG has only graded one example, a 64. To our knowledge, no proof exists in a grade higher than the note we are offering here. With only a very limited amount of pieces known, it is certain that whoever is lucky enough to own this note can say that they have a coveted piece of World Currency.