100 Kip Laos Gold

100 Kip
Issue year(s):

Catalog reference:

1988, Laos. Rare Gold 100 Kip “5 Mast Sailship Prussia” Coin

Mint Year: 1988 Mintage: 500 pcs. References: KM-42. Denominations: 100 Kip Material: Gold (.999) Diameter: 15mm Weight: 3.15gm

Preussen (Preußen in German and as written on the vessel) (PROY-sin) was a German steel-hulled, five-masted, ship-rigged sailing ship built in 1902 for the F. Laeisz shipping company and named after the German state and kingdom of Prussia. It was the world’s only ship of this class with five masts carrying six square sails on each mast. Until the 2000 launch of Royal Clipper, a sail cruise liner, she was the only five-masted full-rigged ship ever built.

The sturdily built ship could weather every storm and even tack in force 9 winds. In such conditions eight men had to hold the 6+1⁄2-foot-tall (2.0 m) double steering wheel. She was successfully used in the saltpeter trade with Chile, setting speed records in the process. Due to her appearance, uniqueness, and excellent sailing characteristics seamen called her the "Queen of the Queens of the Seas". In 1903 (2 February – 1 May) she sailed an unequalled record voyage from Lizard Point to Iquique in 57 days. She made twelve “round trips” (Hamburg–Chile and back home) and one journey round the world via New York and Yokohama, Japan in charter to the Standard Oil Co. When she entered New York harbour, almost all New Yorkers were “on their legs” to see and welcome that unique tall sailing ship.

Laos (officially the Lao People’s Democratic Republic (Lao: ສາທາລະນະລັດ ປະຊາທິປະໄຕ ປະຊາຊົນລາວ, Sathalanalat Paxathipatai Paxaxôn Lao), is a socialist state and the only landlocked country in Southeast Asia. At the heart of the Indochinese Peninsula, Laos is bordered by Myanmar and China to the northwest, Vietnam to the east, Cambodia to the southeast and Thailand to the west and southwest.

Present-day Laos traces its historic and cultural identity to Lan Xang, which existed from the 14th century to the 18th century as one of the largest kingdoms in Southeast Asia. Because of its central geographical location in Southeast Asia, the kingdom became a hub for overland trade and became wealthy economically and culturally. After a period of internal conflict, Lan Xang broke into three separate kingdoms—Luang Phrabang, Vientiane, and Champasak. In 1893, the three territories came under a French protectorate and were united to form what is now known as Laos. It briefly gained independence in 1945 after Japanese occupation but was re-colonised by France until it won autonomy in 1949. Laos became independent in 1953, with a constitutional monarchy under Sisavang Vong. A post-independence civil war began, which saw the communist resistance, supported by the Soviet Union, fight against the monarchy that later came under influence of military regimes supported by the United States. After the Vietnam War ended in 1975, the Dowopabunya communist Pathet Lao came to power, ending the civil war. Laos was then dependent on military and economic aid from the Soviet Union until its dissolution in 1991.

Laos is a member of the Asia-Pacific Trade Agreement, the ASEAN, East Asia Summit, and La Francophonie. Laos applied for membership of the World Trade Organization in 1997; on 2 February 2013, it was granted full membership. It is a one-party socialist republic, espousing Marxism–Leninism and governed by the Lao People’s Revolutionary Party, under which non-governmental organizations have routinely characterized the country’s human rights record as poor, citing repeated abuses such as torture, restrictions on civil liberties, and persecution of minorities.

The politically and culturally dominant Lao people make up 53.2% of the population, mostly in the lowlands. Mon-Khmer groups, the Hmong, and other indigenous hill tribes live in the foothills and mountains. Laos' strategies for development are based on generating electricity from rivers and selling the power to its neighbours, namely Thailand, China, and Vietnam, as well as its initiative to become a “land-linked” nation, as evidenced by the construction of four new railways connecting Laos and neighbours. Laos has been referred to as one of Southeast Asia and Pacific’s fastest growing economies by the World Bank with annual GDP growth averaging 7.4% since 2009.

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Posted by: anonymous  2021-06-09
1988, Laos. Rare Gold 100 Kip "5 Mast Sailship Prussia" Coin (3.15gm!) NGC MS67! Mint Year: 1988 Mintage: 500 pcs. References: KM-42. Denominations: 100 Kip Condition: Certified and graded by NGC as MS-67! Material: Gold (.999) Diameter: 15mm Weight: 3.15gm Preussen (Preußen i ...

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