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On 25th September 2010, the Bank of Thailand (BOT) had organised Thai Banknote Expo, a two day event to let public know more about history of Thai banknotes, identification of counterfeits, taking care of banknotes, etc. Extremely rare banknotes right from the 1st series to unissued varieties were on display following the theme "Best of Thai Banknotes".
One of the rarest banknote, a Series 1 50 Tical overprinted note, can be seen at Thailand: One of the rarest Thai Banknote.
Another very rare banknote, an overprinted 500 Baht from Series 5, is not even listed in any catalogs or internet sources. During the 2nd World War, Thailand was occupied by the Japanese invasion forces and all banknotes were printed in Japan. However, since these Japanese printed banknotes could not be delivered on time, many special issues were printed locally. Quality was poor and counterfeits were rampant. To take care of banknote shotages, uncirculated 1000 Baht banknotes were overprinted as 500 Baht. However, these notes were never ever issued and are extremely rare.
Overprinted 500 Baht Banknote
Overprinted 500 Baht Banknote detail in Thai
On 25th September 2010, the Bank of Thailand (BOT) had organised Thai Banknote Expo, a two day event to let public know more about history of Thai banknotes, identification of counterfeits, taking care of banknotes, etc. Extremely rare banknotes right from the 1st series to unissued varieties were on display following the theme "Best of Thai Banknotes". One such banknote was the Series 1 50 Tical overprinted note which is considered to be the rarest of all overprinted Thai banknotes. Uniface Series 1 banknotes were printed in England by Thomas de la Rue. At the end of World War I, banknotes could not be delivered to Siam and in 1918 (B.E. 2461), unissued 1 Tical banknotes were overprinted and issued as 50 Ticals.
Overprinted 50 Tical Banknote
Detail in Thai
On 15 November 2010, the Bank Of the Lao PDR issued a 100,000 Kip banknote to commemorate the 450th anniversary of Vientiane as capital (15 November 1560 - 15 November 2010). Only 1,500,000 pieces have been printed.
Image and details courtesy of Maurizio Fumagalli. Maurizio has a very good collection of difficult to find banknotes and stamps from French Indochina, Laos and Burma.
The Reserve Bank of India (RBI) will shortly put in to circulation new commemorative circulation coins of 1, 2, 5 and 10 Rupees to mark the Platinum Jubilee of RBI.
For more details see press release of Reserve Bank of India on 12 November 2010.
The Treasury department of Thailand will issue coins commemorating the 84th (7th cycle) birthday of HRH Princess Bejaratana Rajasuda Sirisobhabannavadihad (pronounced as Petcharat) on 1st November 2010. She is the only child of King Rama VI, the 6th King of the ruling Chakri dynasty. She was only 1 day old when her father passed away in 1925. She actually will be turning 85 years old this coming 24th November.
Coin details:
10 Baht: Bi-metallic, 8.5g, 26mm
20 Baht: Cupro-Nickel, 15g, 32mm
800 Baht: 92.5% Silver, 22g, 35mm
The Reserve Bank of India will shortly put in to circulation new commemorative circulation coins of 2 and 5 Rupees made of Ferritic Stainless steel and Nickel Brass respectively to mark the XIX Comonwealth games being currently held in New Delhi.
For more details see press release of Reserve Bank of India on 11 October 2010.
Vincent Tan, a fellow banknote collector from Singapore, has a new blog on Singaporean banknotes. He is an authority on polymer banknotes and we will definitely see more of his collection, especially specimen notes, on his new blog.
http://www.mrbanknotes.blogspot.com
The Reserve Bank of India will shortly issue Rs.10 denomination banknotes with 'S' inset letter in both numbering panels and bearing the signature of Dr. D. Subbarao.
Press release of Reserve Bank of India on 17 Aug 2010.
On 27th July, Ms. Chittima Duriyaprapan, Assistant Governor - Banknote Management Group of the Bank of Thailand (BOT) announced that the BOT board has approved issuing of Series 16 banknotes with newer counterfeit protection features. Design for the new 20, 50, 100, 500 and 1000 Baht notes are awaiting approval from the Royal Household Bureau. This new series of circulating banknotes, expected to come out towards the end of this year, will replace Series 15 which has been in use for the past 12 years.
However, the current series of banknotes will carry a new signature variety starting October till the new series are issued. (BOT gets new governor)
ธปท.เตรียมออกธนบัตรใหม่หมุนเวียนใช้สิ้นปีนี้
คณะกรรมการธนาคารแห่งประเทศไทย (ธปท.) มีมติให้จัดทำธนบัตรรูปแบบใหม่ ภายใต้ชื่อชุดที่ 16 หลังจากที่ธนบัตรปัจจุบันชุดที่ 15 นั้น ใช้มาเป็นเวลา 12 ปีแล้ว จะมีการเปลี่ยนธนบัตรทุกชนิด ตั้งแต่ 20 50 100 500 และ 1,000 บาท รูปแบบที่เปลี่บนแปลงไปจะใช้เทคโนโลยีทันสมัย และมีการใส่สิ่งต่อต้านการปลอมแปลงธนบัตรเพิ่มขึ้นด้วย ขณะนี้รูปแบบของธนบัตรรูปแบบใหม่ อยู่ระหว่างการขออนุญาตจากสำนักพระราชวัง คาดว่าจะเริ่มทยอยนำออกมาใช้ได้หลังวันที่ 5 ธันวาคมนี้ และจะนำออกมาใช้หมุนเวียนในปีต่อไปด้วย
ด้าน นางจิตติมา ดุริยะประพันธ์ ผู้ช่วยผู้ว่าการธนาคารแห่งประเทศไทย กล่าวว่า จากการติดตามสถิติของการระบาดธนบัตรปลอม ในช่วงครึ่งแรกของปีนี้ ปรากฏว่าลดลงจากปีที่ผ่านมา 39 เปอร์เซ็นต์ ครึ่งหนึ่งของธนบัตรปลอมนั้นกระจุกตัวอยู่ในภาคกลาง เช่น พัทยา อยุธยา กำแพงเพชร เนื่องจากปริมาณเงินที่หมุนเวียนในภาคกลางมีมากกว่าภาคอื่น ซึ่ง ธปท.ประสานกับเจ้าหน้าที่ตำรวจ เพื่อขยายผลหาแหล่งผลิตต่อไปแล้ว
Further reading:
BOT Announcement on Channel 7 News (in Thai)
The Nation (English)
The Indian Cabinet on Thursday 15 Jul approved the new symbol for the Indian rupee – an amalgam of the Devnagiri 'Ra' and the Roman capital 'R' without the stem. The symbol was selected from among five shortlisted symbols before the Cabinet. The symbol will not be printed or embossed on currency notes or coins.
For more information read:
Indian rupee gets a symbol, joins elite currency club
Thailand's Cabinet on Tuesday, 6th July endorsed the nomination of the country's top banker Dr Prasarn Trairatvorakul as new governor of the Bank of Thailand (BoT). Dr Prasarn will succeed Ms. Tarisa Watanagase, who completes her term in September.
Expect banknotes with new signature variety from October 2010 onwards.
sig 82: Korn Chatikavanij as Finance Minister and Prasarn Trairatvorakul as Governor BOT.
For more information see link below:
Thai central bank gets new governor
