Stack's Bowers & Ponterio
December 2014 Macau Auction 3-4 December 2014
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THAILAND. 2 Baht Struck in Gold, ND (1864). NGC MS-63.
Fr-18; Y-12a; LeMay-p. 21#7; K&M-pl. F15. Ronachai-Vasilijs-pg.155,F15. EXTREMELY RARE gold striking of the 2 Baht. Pg.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 16 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. This example is the finest certified by NGC or PCGS. Remarkably well preserved, with a single contact mark on the elephant hindering it from a higher grade. A spectacular coin with great eye appeal. Exceptionally choice surfaces and full mint luster. NGC MS-63.
Estimate: $50000.00- $75000.00
Fr-18; Y-12a; LeMay-p. 21#7; K&M-pl. F15. Ronachai-Vasilijs-pg.155,F15. EXTREMELY RARE gold striking of the 2 Baht. Pg.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 16 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. This example is the finest certified by NGC or PCGS. Remarkably well preserved, with a single contact mark on the elephant hindering it from a higher grade. A spectacular coin with great eye appeal. Exceptionally choice surfaces and full mint luster. NGC MS-63.
Estimate: $50000.00- $75000.00