Appraisal price
The price was updated on 7th December 2017
Banknote Info
The World War 2 in Asia was severely coming to the end in 1988. The banknotes that produced in Japan could not be delivered to Bangkok due to the Allies heavily attacks. The domestic banknote printing could not produce enough number of banknotes to meet the demand. In addition to the hike of inflation raised the demand of banknotes lead to the banknote shortage situation.
Thai government had decided to take control to qualified state printing works and private printing houses to print notes. The banknote printing and signature printing were printed from different places for security control.
The quality of the banknotes were low because of paper and ink shortage. Some type of banknotes were resized smaller than previous one and adjusted the process of signature and serial number printing to be at one time.
The 7th series 50 Baht Banknotes were announced on 23rd May 1945.
At first, the 50 baht banknotes were printed on high quality imported paper compulsorily purchased in the market. After this kind of paper ran out, the paper that produced by the Thai Paper Mill was used. The color of this low quality paper varied. This paper had a watermark of wavy lines.
Banknote size
5.40 x 10.40 cm.
Serial code and number
Start from O 1
Front
The main object is the image of King Rama 8 on the left. The middle image is the Marble temple. The serial code and number were printed with red ink.
Back
The main object is the Anandasamakom throne hall.
Signatures on banknote
Minister of Finance
Mr. Leng Srisomwong (10 Jan 1945 - 31 Aug 1945)
Mr. Direk Chainam (1 Sep 1945 - 1 Feb 1946)