Thailand-One Baht Coin BE 2500(1957)-Bhumibol Adulyadej(Rama 9)


Obverse

Reverse

ngccoin.com
History
          The 1957 One Baht coin is a standard circulation coin minted in 1957.They were intended to decrease the cost for printing the One Baht banknotes in a foreign company(Thomas de la Rue), which quickly deteriorates. The metal prices in the world market began to decline and it was not necessary to use silver to certify a coin's value, so there were quite a lot of silver remaining. The government decided to compose 3% of the coin's weight with silver, making this the only circulating One Baht coin in king Bhumibol's reign to have silver content. These coins are released into circulation in January 28 1958 due to unstable politics.

Coin Details and Information
     Obverse: Bust facing left of king Bhumibol Adulyadej(reign 1946-2016) Letterings: Bhumibol Adulyadej Rama 9
     Reverse: Royal coat of arms of Siam Letterings: Government of Thailand One Baht BE 2500
     Coin Type: Standard circulation coin(Demonetized)
     Value: 1 Baht
     Calendar: Thai
     Composition: 3% Silver, 64% Copper, 23% Nickel, 10% Zinc
     Weight: 7.15 g
     Diameter: 26.9 mm
     Thickness: 1.8 mm
     Edge: Reeded
     Shape: Round
     Orientation: Coin alignment Up-Down
     Designer: Obverse: Fine Arts Department 
                      Reverse: Fine Arts Department
     Engraver: Obverse: Fine Arts Department
                      Reverse: นายจรูญ เพียรลิขิต
     Mintage: 3,143,000

Estimated value(As of June 2023): Circulated Condition 30-50 THB
                                                         Uncirculated condition 150-300 THB
***Value Estimates can vary and change overtime***
     
References: https://en.numista.com/catalogue/pieces12264.html


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