Friday, April 23, 2010

Thailand: Series 11 Banknotes


Since Thailand could not easily import banknotes from abroad when banknotes were first used in 1902 and could not order banknotes during the late part of WWII (1941-1945). Banknotes had to be printed by Royal Thai Survey Department or Naval Hydrographic Department, etc. which was not only inefficient but also resulted in low quality banknotes. The scarcity of banknotes had affected all economic sectors of the country during that period. The Bank of Thailand was authorised by the Thai Cabinet on September 5, 1961 to establish the Note Printing Works. The Note Printing Works offically commenced operation when H.M. King Rama 9 graciously presided over the inauguration ceremony on June 24, 1969. Commemorative banknotes of 5 Baht and 10 Baht were issued to mark this occasion.

Thailand Series 11 Commemorative banknotes
Series 11 Commemorative banknotes
Images courtesy www.eurseree.com

Thailand Series 11 Commemorative banknotes Checklist
Series 11 Commemorative Banknotes Checklist


After the establishment of Note Printing Works, Series 11 consisting of five denominations namely 5 Baht, 10 Baht, 20 Baht, 100 Baht and 500 Baht were printed here. They were issued from the lowest to the highest denomination starting in 1969. In 1975, 500 Baht banknotes were printed for the first time ever, and the issue of this note first enabled the Note Printing Works to manage the whole production process, including the designing and engraving.

Thailand Series 11 banknotes
Series 11 regular Banknotes

Thailand Series 11 5 Baht, 10 Baht and 20 Baht Banknotes Checklist
Series 11: 5, 10 and 20 Baht Banknotes Checklist

Thailand Series 11 100 Baht and 500 Baht Banknotes Checklist
Series 11: 100 and 500 Baht Banknotes Checklist


In Nov 1971, Field Marshal Thanom Kittikachorn staged a military coup, dissolved Parliament and appointed himself Chairman of the National Executive Council, and served as a caretaker government from 18 Nov 1971 to 17 Dec 1972. No Finance Minister was appointed during this time and the 100 Baht banknotes of type 1 (which were issued in Oct 1972) were signed by Boonma Wongsawan who was the Permanent Secretary to Ministry of Finance. This is the only banknote of Thailand ever signed by a Permanent Secretary. Boonma Wongsawan later became a Finance Minister between 16 Oct 1973 and 29 May 1974 and signed 10, 20 and 100 Baht banknotes issued during this period. See all above checklists for signature details.

Thailand Series 11 100 Baht Type 1 sig Boonma
Series 11: 100 Baht Type 1 banknote


For MS-Excel or PDF checklists, please contact me at sbasu@loxinfo.co.th

Wednesday, April 21, 2010

Thailand: Updated "Thai Banknotes Catalogue" available



Anybody seriously collecting Thai banknotes cannot do without the updated Thai Banknotes Catalogue by Somchai Saeng-ngern. This very detailed catalogue in both Thai and English languages was released in Dec 2009 and is sold at a very nominal price of 900 Baht or approx 28 USD.


Thai Banknote Catalogue
Thai Banknotes Catalogue Somchai Saeng-ngern
by Somchai Saeng-ngern
ISBN 978-974-235-606-4
Size 30x21.5cm, 272 pages



This catalog covers all paper money issued since 1853 from the reign of HM Rama IV to the present Series 15 banknotes with signature of Korn Chatikavanij (กรณ์ จาติกวณิช, Minister of Finance) and Tarisa Watanagase (ธาริษา วัฒนเกส, Governor, Bank of Thailand ).

Sample pages can be viewed at Thai Banknote Catalogue sample pages.

Chapters dedicated to banknotes issued by foreign banks in the 1890's and Commemorative banknotes are very interesting to read. A notable upgrade from the previous editions is the improved quality of images and more accurate data concerning serial number prefixes and market prices. One noticeable point is that this catalogue does not make any references to Krause's Standard Catalog of World Paper Money or Pick numbers. Also details of watermarks and security threads in the form of images would be helpful and recommended for next edition. However, what this catalogue lacks has been or will be covered in my checklists.

Examples are:
Thailand: Series 9 Banknotes.
Thailand: Series 10 Banknotes.


In short it is a must for all Thai banknote collectors. Anybody interested in buying this catalogue over the internet can contact the publisher at www.hobbyinter.com or Mr.Waranon Tiamkeaw. Note that they can ship this catalog abroad to foreign collectors.


Tuesday, April 20, 2010

India: 60 years Commonwealth - new 5 Rupees coin



The Reserve Bank of India will shortly put in to circulation new commemorative circulation coins of 5 Rupees made of Nickel Brass to mark 60 years of Commonwealth.


India 5 Rupees coin 60 year commonwealth
Image from ebay


For more details see press release of Reserve Bank of India on 20 Apr 2010.






Wednesday, April 14, 2010

Thailand: Series 10 Banknotes



Thailand 100 Baht banknote P79a Series 10

100 Baht banknotes of Series 9 were heavily counterfeited forcing the government to issue a new series in 1968. The 10th series comprised of only one denomination i.e. 100 Baht. To prevent counterfeiting, these banknotes printed at Thomas de la Rue, used intaglio printing and security threads with microlettering ประเทศไทย (or as Thailand is written in Thai) printed at intervals. These notes were used for another 4 years before Series 11 was introduced in 1972.

Thailand 100 Baht P79a Series 10 banknote detail

As stated above and in checklist below, only 100 Baht denomination with 2 signature varieties are available for this banknote. These notes are very popular items for Thai banknote collectors and cost about 1,000 Baht for a pair (UNC - both sig varieties).


Thailand 100 Baht banknote P79a Series 10 checklist
Click on above image to see Checklist of Series 10 banknotes. For MS-Excel or PDF checklists, please contact me at sbasu@loxinfo.co.th

Monday, April 12, 2010

India: RBI to issue new 10 Rupees note with M inset letter



The Reserve Bank of India will shortly issue Rs.10 denomination banknotes with 'M' inset letter in both numbering panels and bearing the signature of Dr. D. Subbarao. Except for the change in the inset letter, the design of these notes to be issued is similar in all respects to the banknotes in 2005 Mahatma Gandhi Series with additional / new security features issued on April 27, 2006.

Press release of Reserve Bank of India on 12 Apr 2010.


Sunday, April 11, 2010

Thailand: Series 9 Banknotes


Series 8 banknotes were the last banknotes issued with HM King Rama 8's portrait as he passed away on 9 June 1946. Series 9 banknotes issued from 1948 onwards carried portrait of HM King Bhumibol Adulyadej (Rama 9). This series, printed by Thomas de la Rue, were used for almost 20 years and forms the basis for design (colour) of present day banknotes in circulation.

Thailand Series 9 banknote Baht
Series 9 banknotes
Images courtesy www.siambanknote.com


Denominations issued were 50 Satang, 1 Baht, 5 Baht, 10 Baht, 20 Baht and 100 Baht. 1,000 Baht notes were printed but never issued into circulation fearing inflation.

50 Satang notes issued in 1948 were of only 1 type while 1-20 Baht notes had 6 different design types and 100 Baht had 5 types. The type varieties as given in Checklist and images below differ mainly in:

a) Portrait type - Younger King's portrait and King in Field Marshal's uniform
b) Serial number colour - Red and Black
c) Security thread - Scattered Red and Blue threads and Metal Security thread
d) Watermark - Constitution on pedestal tray and King's portrait
e) 2-line text on reverse - Small and Large font and also wording

Thailand Series 9 banknote type Thailand Series 9 banknote type Thailand Series 9 banknote type
Click on above images to see type variety details

Thailand Series 9 50 Satang banknote checklist
50 Satang Checklist

Thailand Series 9 1 Baht banknote checklist
1 Baht Checklist

Thailand Series 9 5 Baht banknote checklist
5 Baht Checklist

Thailand Series 9 10 Baht banknote checklist
10 Baht Checklist

Thailand Series 9 20 Baht banknote checklist
20 Baht Checklist

Thailand Series 9 100 Baht banknote checklist
100 Baht Checklist

Thailand Series 9 1000 Baht banknote checklist
1,000 Baht Checklist

Click on above images to see Checklists of Series 9 banknotes. For MS-Excel or PDF checklists, please contact me at sbasu@loxinfo.co.th

Tuesday, April 6, 2010

India: RBI to issue new 20 Rupees note with R inset letter



The Reserve Bank of India will shortly issue Rs.20 denomination banknotes with 'R' inset letter in both numbering panels and bearing the signature of Dr. D. Subbarao. Except for the change in the inset letter, the design of these notes to be issued is similar in all respects to the banknotes in 2005 Mahatma Gandhi Series with additional / new security features issued on August 16, 2006.



Press release of Reserve Bank of India on 5 Apr 2010.


Friday, April 2, 2010

India: RBI Platinum Jubilee Commemorative coin set released



HE Manmohan Singh, the Prime Minister of India, released a commemorative coin set to mark the occasion of Platinum Jubilee of Reserve Bank of India.



The set consists of five denominations - Re 1, Rs 2, Rs 5, Rs 10 and Rs 75. The first four denominations will also be issued as circulation coins. Images are still not available. However, the first details made available by RBI are as follows:

Obverse: All coins will bear the Lion Capitol of Ashoka Pillar in the center with the legend "Satyameva Jayate" (सत्यमेव जयते) in Hindi inscribed below. The upper peripheries will have the words "Bharat" (भारत) in Hindi and "INDIA" in English. The denomination value will appear below the Lion Capitol, flanked by "Rupiye" in Hindi and "RUPEES" in English.

Reverse: Reverse of the coins will bear the RBI emblem with inscriptions "RESERVE BANK OF INDIA" in Hindi and in English. "PLATINUM JUBILEE" in Hindi and in English along with year "1935-2010" shall also be inscribed below the emblem.

Sizes and other details are as below:



Press release of Reserve Bank of India on 1 Apr 2010.


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