Friday, June 18, 2010
Thailand: Gold coins issued by Rama 5
Siamese trade was booming during the 1860's due to which there were surplus of gold coins in the royal treasury. HM Rama IV ordered issuing of three gold coins in 1863 which were mainly given as presents to the royal family members and other dignitaries. The three denominations were:
Pad Dueng = 2 ½ Baht equivalent
Pit = 4 Baht equivalent, and
Tot = 8 Baht equivalent
The same three denominations were issued again by HM Rama 5 in 1894 with slight differences in the design (more refined) and weights.
Click on above to see Checklist of gold coins.
Please refer to my previous posts Thailand: Circulating coin denominations and Thailand: Coin Dating to understand denominations and dates.