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Heritage World Coin Auctions
Hong Kong Signature Currency Sale 4004  27 Jun 2018
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Lot 28357

Estimate: 15 000 USD
Lot unsold
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Thailand Kingdom of Siam Grand Treasury 1/8 Tical ND (1851-68) Pick A7 A note from 1853 that was issued during the reign of King Monkut, also known as Rama IV. He ruled from 1851 to 1868. Rama IV is the king portrayed in the musical and film, The King and I. This is one of the earliest notes that is evenly remotely collectible on Siam and this is only the second example that we can confirm that has been auctioned within the last several years. This note is printed in several languages and that includes Latin. It also is inscribed in braille. This was a revolutionary concept at this time as braille had only been in use for about three decades before the printing of this note. The denomination in braille is represented on this note by the two annulets in the top margin to signify a denomination of two sixteenths of a silver baht or 1/8 Tical. One of the annulets is partially obscured by staining on our current offering. This example grades PCGS Extremely Fine 40 with stains and a rounded upper right corner. The other Pick A7 to cross the auction block was offered in 2016. That raw VF with a small wormhole lacked the two braille annulets. Nevertheless, it brought approximately $14,275. The nicer example in this lot should easily surpass the 2016 figure. HID08701242017

Estimate: 15000-25000 USD
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