The Numismatic Bibliomania Society

PREV ARTICLE       NEXT ARTICLE       FULL ISSUE       PREV FULL ISSUE      

V19 2016 INDEX       E-SYLUM ARCHIVE

The E-Sylum: Volume 19, Number 38, September 18, 2016, Article 22

RARE THAI ONE BHAT COIN PURCHASED

This story from Thailand discuses a rare variety of the 1962 Thai One Bhat coin. -Editor

Thai one-baht coin

A man from Bangkok became the second lucky Thai to find an extremely rare one-baht coin that collectors are chasing after. Panun Jewelry, a rare coin shop in Rayong, recently drove the internet wild by announcing on Facebook that they are willing to pay THB140,000 in cash to anyone who possess the rare B.E. 2505 one-baht coin. The shop yesterday posted the good news that they just traveled to Bangkok to buy the second rare coin from a man.

The lucky dude, whose name was not mentioned, said that he found the coin in some old shelves that he was about to throw away.

This particular one-baht coin was produced as an example lot in 1962. There are about 100 coins like this in existence. They are unique because the crown on one side of the coin points directly at the Yor Yak alphabet above it.

After the first lot, about 800 milion coins of the same model were produced, but the text above the crown shifted, so the crown points at the blank space between two letters, and sorry, no one collects that one.

Panun Jewelry was the same shop that also got people to smash their piggy bank two years ago after they offered to pay THB100,000 for a rare ten-baht coin.

I checked a currency converter and the price amounts to about $4,000 USD. Interesting to see variety collecting is popular worldwide. -Editor

To read the complete article, see:
Lucky Bangkok man cashes in old one-baht coin for THB140,000 (http://bangkok.coconuts.co/2016/09/14/lucky-bangkok-man-cashes-old-one-baht-coin-thb140000)

THE BOOK BAZARRE

WINNER: “Extraordinary Merit, Numismatic Investments”—Tom Bilotta’s Collecting Coins in Retirement: An Action Guide and Estate Advice for Hobbyists and Their Families compiles the author’s 20-plus years of experience observing the specialized challenges and opportunities collectors see after they retire, and the questions and situations encountered by their heirs. Winner of a 2016 Numismatic Literary Guild award. Order your copy for $19.95 at Whitman.com , or call 1-800-546-2995.


Wayne Homren, Editor

Google
 
NBS (coinbooks.org) Web

The Numismatic Bibliomania Society is a non-profit organization promoting numismatic literature. See our web site at coinbooks.org.

To submit items for publication in The E-Sylum, write to the Editor at this address: whomren@gmail.com

To subscribe go to: https://my.binhost.com/lists/listinfo/esylum

PREV ARTICLE       NEXT ARTICLE       FULL ISSUE       PREV FULL ISSUE      

V19 2016 INDEX       E-SYLUM ARCHIVE

Copyright © 1998 - 2020 The Numismatic Bibliomania Society (NBS)
All Rights Reserved.

NBS Home Page
Contact the NBS webmaster
coin