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Thailand 10 Baht note c.1902 – £12,000 at Lockdales.

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Although very similar to the 1902 note by The Government of Siam, there are some differences: the most obvious being that the issued note was brown on a yellow underprint and this note is grey on green. The centre text and the two lower signature areas are also variants.

The note, with the serial number A/1 00000 and a wholly blank verso, was entered for sale at Lockdales (19.5% buyer’s premium) in Ipswich on December 4 by a vendor who used to work for the banknote printer Thomas de la Rue.

It was estimated at just £100-200 but attracted huge interest among Thai banknote collectors before selling at £12,000.