Buriram Expats

Buriram Province - General Category => Jobs, economy, banking, business, investment in Buriram => Topic started by: urleft on June 19, 2013, 10:10:25 AM

Title: Collecting Thai Coins, specifially 10 Baht
Post by: urleft on June 19, 2013, 10:10:25 AM: As the coinage came through our shop I started to notice that some of the coins were different. I started putting them aside. Found out there are a lot of different 10 Baht Coins, ususally distinctive by the back, but also on the front. Found this site which gives some background on the coins:
http://colnect.com/en/coins/list/series/82453-Commemorative_coins_-_10_Baht/country/2462-Thailand (http://colnect.com/en/coins/list/series/82453-Commemorative_coins_-_10_Baht/country/2462-Thailand)

Here are some examples of the back:
Title: Re: Collecting Thai Coins, specifially 10 Baht
Post by: isanbirder on June 19, 2013, 04:01:58 PM: Thanks, Urleft. I'd always wondered where to find a list.
Title: Re: Collecting Thai Coins, specifially 10 Baht
Post by: urleft on June 19, 2013, 05:44:09 PM: You are Welcome, glad someone got some benefit from it.

BTW, if there is anyone else that doesn't have a life and is collecting the coins, I would be interested in a swap exchange for duplicates I have.
Title: Re: Collecting Thai Coins, specifially 10 Baht
Post by: Paddyram on June 19, 2013, 06:23:45 PM: I used to collect those too.
But mainly because of their uncanny resemblance to the more expensive 2 euro coins.
Farang Cigarette machines liked them too.
Title: Re: Collecting Thai Coins, specifially 10 Baht
Post by: urleft on November 07, 2016, 12:02:37 PM: Just bringing this topic up again as sometime in the near future the currency/coinage is going to changed out with a new king.

Might be a opportunity for some long term speculation. I probably won't benefit, but my daughter should.

For example, even keeping some of the changed out 20/50/100 baht note (new condition), could have some gains (in 20 years or so). I would not mortgage the house to invest, but I would recommend setting aside the odd coin or mint condition note you happen to receive.
Title: Re: Collecting Thai Coins, specifially 10 Baht
Post by: davureborn on November 07, 2016, 01:31:59 PM: Don't do as my wife did, who had a coin,worth ‎฿100 000.- (in mint condition) and left it on the sideboard.Near the kid's money box. We're still together.
Title: Re: Collecting Thai Coins, specifially 10 Baht
Post by: nookiebear on November 07, 2016, 02:00:22 PM: I've got a few of the 10 baht notes in pretty good condition
Title: Re: Collecting Thai Coins, specifially 10 Baht
Post by: urleft on November 07, 2016, 09:38:35 PM: Just to add some additional info, if you look at the picture you can see the 10 baht coins have people other than the King sometimes, there are several women and sometimes 2 men.

Also pictured are 3 different versions of the 20 Baht note. Along with some 10 baht notes and an older 50 baht.

The 5 baht coin has 2 older versions that I still see regularly, the symbol I think was for the King, and one with a dragon head (like from a ship bow).

I had several duplicates that I was going to get rid of, but now will just kind of sit on them. If you go to the link I originally provided you can research what the coins mean, and it includes the amount minted. Most seem to be in the 3 Million range, but there are some 1 Million (which obviously means you see less of them), and at least one coin had 15 Million, which unsurprising means that I have a lot of those dups to the point that I just stopped collecting them.
Title: Re: Collecting Thai Coins, specifially 10 Baht
Post by: urleft on November 08, 2016, 12:35:31 PM: Just had a lady pay a 800 baht bill with 10 baht coins (she has laundry machines). Using the picture in the 1st post:

77 - #55
3 - #4

No commemorative coins in the bunch. I would guess I get a commemorative in about 1 out of 500. The #55's are most of what you get, the #4's are still fairly common, however, most are in poor condition which means they will probably never be worth more than 10 baht unless the Euro machines take them.

So far in the 5 years since I have moved here we have gotten 4 Euros instead of a 10 baht coin.
Title: Re: Collecting Thai Coins, specifially 10 Baht
Post by: nookiebear on November 08, 2016, 03:30:35 PM: The plastic 50 baht notes are a very rare sighting
Title: Re: Collecting Thai Coins, specifially 10 Baht
Post by: nookiebear on November 08, 2016, 03:33:45 PM: Quote from: urleft on November 07, 2016, 09:38:35 PM
Just to add some additional info, if you look at the picture you can see the 10 baht coins have people other than the King sometimes, there are several women and sometimes 2 men.

Also pictured are 3 different versions of the 20 Baht note. Along with some 10 baht notes and an older 50 baht.

The 5 baht coin has 2 older versions that I still see regularly, the symbol I think was for the King, and one with a dragon head (like from a ship bow).

I had several duplicates that I was going to get rid of, but now will just kind of sit on them. If you go to the link I originally provided you can research what the coins mean, and it includes the amount minted. Most seem to be in the 3 Million range, but there are some 1 Million (which obviously means you see less of them), and at least one coin had 15 Million, which unsurprising means that I have a lot of those dups to the point that I just stopped collecting them.

What is the note bottom right in the plastic bag?
Title: Re: Collecting Thai Coins, specifially 10 Baht
Post by: urleft on November 08, 2016, 05:05:09 PM: Mike Shopping Mall, 4th Floor. (Pattaya)

There is supposed to be a coin dealer there that carries a complete set of coins like from the first picture. I was missing a few coins and wanted to try to do a trade, the coin lady at the Villa Shopping Center said I should go there. Never made it.
Title: Re: Collecting Thai Coins, specifially 10 Baht
Post by: urleft on February 26, 2017, 09:49:35 AM: I probably get about 1000 10-Baht coins a month but so far this year have not seen any commemorative. Looks like they are being scarfed up, even the #4's are getting fewer.
Title: Re: Collecting Thai Coins, specifially 10 Baht
Post by: Wayne from Aus on February 26, 2017, 06:01:36 PM: EBay had a full set for $300 + (AUD). I was trying to get the wife's sister who lives in BKK to go and get me a set but it was all too hard for her. Said it was too busy there. Shame really brick1
Title: Re: Collecting Thai Coins, specifially 10 Baht
Post by: Spoon1967 on June 16, 2017, 10:28:25 PM: Quote from: urleft on November 08, 2016, 05:05:09 PM
Mike Shopping Mall, 4th Floor. (Pattaya)

There is supposed to be a coin dealer there that carries a complete set of coins like from the first picture. I was missing a few coins and wanted to try to do a trade, the coin lady at the Villa Shopping Center said I should go there. Never made it.

The guy is still there and a friend of mine (just to say hello to), has a massive selection of coins/ banknotes and Amulets, his store is an Aladdins cave, well worth a visit, but barter... I also visit a visit local pawn shop in Pattaya off 2nd road on Soi 13, some great stuff in there.
Title: Re: Collecting Thai Coins, specifially 10 Baht
Post by: Spoon1967 on June 16, 2017, 10:31:11 PM: Quote from: Wayne from Aus on February 26, 2017, 06:01:36 PM
EBay had a full set for $300 + (AUD). I was trying to get the wife's sister who lives in BKK to go and get me a set but it was all too hard for her. Said it was too busy there. Shame really brick1

Best place in BKK is the amulet market near Grand Palace, some shops opposite the palace sell them but the prices are too high, go around the corner to the market and nip down the side streets loads of coin sellers.
Title: Re: Collecting Thai Coins, specifially 10 Baht
Post by: Spoon1967 on June 16, 2017, 10:38:08 PM: If anyone is interested some of my stuff can be seen on my FB page @ThailandBanknotesCollections

Not all my notes/coins on there at the moment, the whole collection is probably worth 1.5M baht, hoping to sell some in BKK next month to a guy from Singapore, the price shot up after the King died.
Title: Re: Collecting Thai Coins, specifially 10 Baht
Post by: urleft on June 17, 2017, 07:28:06 AM: Quote from: Spoon1967 on June 16, 2017, 10:38:08 PM
the price shot up after the King died.

What is noticible to me is how the older coins are disappearing from daily use. So far this year I have yet to get any commerative 10 baht coins out of viewing over 5,000, last year I got at least one every week.

And I've also seen a marked decrease in the older 1 Baht and 5 baht coins. I currently have about 10,000 baht in 5 baht coins (trying to exchange for notes), and there are probably no older version coins in the batch (I stopped setting aside the older ones years ago).
Title: Re: Collecting Thai Coins, specifially 10 Baht
Post by: urleft on June 17, 2017, 07:45:59 AM: Quote from: Spoon1967 on June 16, 2017, 10:28:25 PM
Quote from: urleft on November 08, 2016, 05:05:09 PM
Mike Shopping Mall, 4th Floor. (Pattaya)

There is supposed to be a coin dealer there that carries a complete set of coins like from the first picture. I was missing a few coins and wanted to try to do a trade, the coin lady at the Villa Shopping Center said I should go there. Never made it.

The guy is still there and a friend of mine (just to say hello to), has a massive selection of coins/ banknotes and Amulets, his store is an Aladdins cave, well worth a visit, but barter... I also visit a visit local pawn shop in Pattaya off 2nd road on Soi 13, some great stuff in there.

Here's a repost of the pic that has the store:
Title: Re: Collecting Thai Coins, specifially 10 Baht
Post by: urleft on April 19, 2018, 09:08:41 PM: For the 1st time in over a year I received a non standard 10 baht coin. Unfortunately it was one of the most common such that I stopped saving them.

The new King is being put on paper money, coinage should not be far behind.

On the 5 baht coins I also rarely seen variations anymore.
Title: Re: Collecting Thai Coins, specifially 10 Baht
Post by: urleft on April 19, 2018, 09:34:17 PM: As mentioned above, the new King currency is being used, and coinage was also released on 6 April so expect to see soon:

First coins of King Rama X to enter circulation on April 6

http://englishnews.thaipbs.or.th/first-coins-king-rama-x-enter-circulation-april-6/

In addition, there was a special 20 baht note that was put in use for the old king, if you get a new one recommend you put it aside for 100 years or so.
Title: Re: Collecting Thai Coins, specifially 10 Baht
Post by: urleft on April 19, 2018, 10:26:31 PM: Looks like they circulated a commemorative note series last year:

Know I will start looking.
Title: Re: Collecting Thai Coins, specifially 10 Baht
Post by: iammike on April 19, 2018, 11:08:05 PM: That 20 Thb note you posted isnt rare I think. we just checked an we had a couple of them in our wallets
Title: Re: Collecting Thai Coins, specifially 10 Baht
Post by: urleft on April 20, 2018, 01:37:38 AM: Quote from: iammike on April 19, 2018, 11:08:05 PM
That 20 Thb note you posted isnt rare I think. we just checked an we had a couple of them in our wallets

Exactly, none of the notes pictured in post #21 should be "rare" today and for the next few months. So if you happen across them and find one (of each) in mint condition consider putting it aside for posterity. However, the chances of them being worth beyond face and sentimental value in our lifetimes is probably slim to none. Putting together displays such as pictured with real currency could result in some marginal returns.

Now if you want to try to get something that can increase in value, consider the 10, 5, and 1 Satang pictured above as those are only used closing out accounts. "The ministry said the three nominations, 10 satang, 5 satang and 1 will be used only by state agencies for bank account settlements." http://englishnews.thaipbs.or.th/first-coins-king-rama-x-enter-circulation-april-6/ (http://englishnews.thaipbs.or.th/first-coins-king-rama-x-enter-circulation-april-6/)