Stack's Bowers & Ponterio
April 2018 Hong Kong Auction - Sess. A-E 2-4 Apr 2018
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THAILAND. 2 Baht, ND (1864). PCGS Genuine--Repaired, AU Details Secure Holder.
Fr-18; Y-12a; LeMay-pl. 21#7; K&M-pl. F15; Ronachai-Vasilijs-pg. 155, F15. EXTREMELY RARE gold striking of the 2 Baht. Page 86 of LeMay states "gold is only coined for the King, who on great State occasions, such as cremation ceremonies, coronations, etc., distributes gold coins together with silver coins of 4 and 2 Ticals (Bahts). The former are therefore RARE and highly prized by the people. In other respects, the gold coin does not differ from that of silver and copper; it bears the same stamp and is named after its weight. The value of coined gold is fixed at sixteen times its weight of silver." Essentially, the gold striking of the 2 Baht held a face value of 32 Baht. These were special presentation pieces struck specifically for the King and given as gifts to the social elite. Repaired at 12 o'clock on the obverse, appears to have been used in jewelry. The main details of the coin are all sharp and clear. An affordable example of this highly desirable item. PCGS Genuine--Repaired, AU Details Secure Holder.
Estimate: $7000.00- $10000.00
Fr-18; Y-12a; LeMay-pl. 21#7; K&M-pl. F15; Ronachai-Vasilijs-pg. 155, F15. EXTREMELY RARE gold striking of the 2 Baht. Page 86 of LeMay states "gold is only coined for the King, who on great State occasions, such as cremation ceremonies, coronations, etc., distributes gold coins together with silver coins of 4 and 2 Ticals (Bahts). The former are therefore RARE and highly prized by the people. In other respects, the gold coin does not differ from that of silver and copper; it bears the same stamp and is named after its weight. The value of coined gold is fixed at sixteen times its weight of silver." Essentially, the gold striking of the 2 Baht held a face value of 32 Baht. These were special presentation pieces struck specifically for the King and given as gifts to the social elite. Repaired at 12 o'clock on the obverse, appears to have been used in jewelry. The main details of the coin are all sharp and clear. An affordable example of this highly desirable item. PCGS Genuine--Repaired, AU Details Secure Holder.
Estimate: $7000.00- $10000.00