Collecting Thai Coins, specifially 10 Baht

[Spoon1967]

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

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.

[Spoon1967]

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.

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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). 

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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:

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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. 

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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. 

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Looks like they circulated a commemorative note series last year:

Know I will start looking.

[iammike]

That 20 Thb note you posted isnt rare I think. we just checked an we had a couple of them in our wallets

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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/