PMG's Featured Note of the Month: Thailand 1,000 Baht

Posted on 10/19/2021

The month's note celebrates a beloved king of Thailand for his commitment to modernization and equality.



Thailand, Bank of Thailand ND (2015) 1,000 Baht graded PMG 66 Gem Uncirculated EPQ. Click images to enlarge.

Country: Thailand

Catalog Number: Pick# 122 (Standard Catalog of World Paper Money)

Date: ND (2015)

Denomination: 1,000 Baht

Varieties: PMG has also graded Specimen (Pick# 122s) notes and Replacement (Pick# 122*) notes.

What makes it special? Chulalongkorn, or Rama V (1853-1910), presided over a remarkable period of social reform in Siam, known today as Thailand. Ascending to the throne in 1868 when he was just 15 years old, he sought to bring Western principles to his country while combatting Western attempts to colonize Siam. Known as the country’s modernizing monarch, the abolition of slavery in Thailand is considered among his greatest achievements.

Rama V may be best known in the West by the fictionalized character of King Mongkut’s son in the Rodgers and Hammerstein musical “The King and I,” which was adapted into a 1956 film that won five Academy Awards.

The front of this 1,000 Baht note features a portrait of King Rama IX, the ruler when it was issued. The back of the note features images representing Rama V, including his equestrian statue at the Royal Plaza monument, The Ananda Samakhom Throne Hall and the end-of-slavery declaration.

Did you know? Revered in Thai culture for the reforms he instituted and his work to ensure his country’s freedom, King Rama V is honored every year on October 23 — Chulalongkorn Day — a public holiday commemorating the anniversary of his death in 1910.

Total graded by PMG: PMG has graded 160 standard notes (Pick# 122), as well as 7 Specimen Notes (Pick# 122s) and 28 Replacement Notes (Pick# 122*).

PMG median grade: PMG 66 Gem Uncirculated EPQ

PMG highest graded: There are 11 examples of Pick# 122, 2 examples of Pick# 122s and 1 example of Pick# 122* in PMG 68 Superb Gem Uncirculated EPQ.

Sales highlights: Examples around the median grade can be found for about $50.

PMG Registry: Pick# 122 is part of 4 competitive sets: Thailand Complete, 1902-Date, Issued Notes, Complete, Including Varieties; Commemorative Issues, 1969-Date, P80-Date 1; 2010-2015 Bank of Thailand, Issued Notes, Series 16, P118-P122; and Thailand, 1942-Date, Specimen Notes, Complete.

49er holds top honors in Thailand Complete with the Thailand set, which includes a Pick# 122* replacement note graded PMG 67 Superb Gem Uncirculated EPQ.
Collectoroldthings holds top honors in Commemorative Issues with the Thailand Commemorative Issues set, which includes a Pick# 122* in PMG 66 Gem Uncirculated EPQ.
Evaldas holds top honors in the 2010-2015 Bank of Thailand set with the 2010-2015 Bank of Thailand, ND Issue, Series 16 Set, P118-P122a set, which includes a Pick# 122* replacement note graded PMG 66 Gem Uncirculated EPQ.
No Pick# 122s notes are listed by any of the competitors in the Thailand, 1942-Date, Specimen Notes, Complete set. You could be the first!

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PMG's Featured Note of the Month: Thailand 1,000 Baht

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