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Date Post :  19-12-2014

Coins of the Present Reign

c_6.jpg           The largest number  coins in Thai history has been manufactured during the reign of His Majesty King Bhumibol Adulyadej, ranging from coins in common circulation, commemorative coins, to medals recording important events and occasions. A brief description of each type of coin follows:

 

1. Coins in Common Circulation

Circulating Coins are the coins used for everyday transaction. Officially, there are nine denominations of coins in current circulation, namely 10 baht, 5 baht, 2 baht, 1 baht, 50 satang, 25 satang, 10 satang, 5 satang, and 1 satang. However, there are only six denominations of coins are in actual circulation, namely 10 baht, 5 baht, 2 baht, 1 baht, 50 satang, and 25 satang. The other three denominations, which are 10 satang, 5 satang, and 1 satang, are only used for accounting purposes. 

2. Commemorative Coins
        Commemorative coins refers to the coins produced for important occasions such as:

• The Commemorative Coins on the Occasion of the 7th Cycle Birthday Anniversary of His Majesty King BhumibolAdulyadej on 5 December, 2011.
• The Commemorative Coins on the occasion of the World Intellectual Property Organization (WIPO) presented the WIPO Global Leaders Award to His Majesty King BhumibolAdulyadej,

        The difference between circulating and commemorative coins is the layout of the patterns on the obverse and reverse of the coins:

        • For circulating coins in common circulation, the layout employed is American Turning,which requires wanted tuning over of the coins to view the reverse design.
        • For commemorative coins, the layout employed is European Turning type that is to the coins are horizontally to see reverse design.

3. Medals
      Medals refers to that picec produced for important occasions, similar to commemorative coins. Medals are, however, different from commemorative coins because they do not have monetary value. Because they are not money, they are made for collectible.

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