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1st Series, 1 Baht Thai Banknote
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Date of issued |
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October 3, 1918 |
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Size |
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10.5 x 16.5 centimeters |
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Code & Serial number |
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Y1- Y100, Z1 - Z100, |
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Hor 1 - Hor 100 , Sor 1 - Sor 100, |
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Wor 1- Wor 100 , each from 00001- 100000 |
Authorized Bank Official's signatures |
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Minister of Royal Treasury's signatures |
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1 Baht banknotes, 1st series, were not cirlulated at the time of the first bunch banknote issuance bacause of abundant of coins. But the world war brought the lack of silver and copper and their prices rose over the coin's face value so the coin fusing into the ingot was profitable. The government had to issue 1 Baht banknote into circulation. But the Banknote Act stated that the lowest value of banknote is 5 Baht so the government overprinted 50 Baht on some of uncirculated 1 Baht banknotes and launched them in appropriate amount.
1 Baht banknotes, 1st series, are identical in design to 5 Baht banknotes. The dominant color is gray and the border is printed with black ink. But there are no Chinese and Arabic words like the others denominations.
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