Lot 2089

Sale 57 · Important Australian & World Coins, Military Medals & Banknotes

Description

Thailand, Siamese porcelain tokens (pee money), a large collection of 201 all different kinds of pee coins, issued from the late 18th - mid 19th century and ceased issue in 1871; types include round, pentagonal, hexagonal, octagonal, star etc. shapes, many are described and illustrated in H.A. Ramsden, ['Siamese Porcelain and other Tokens', Yokohama, 1911 37pps., 20 plates], (cf.M.2958-2989 pps 379-382). Mostly fine - very fine, many scarce. (201)

A collection this large is rarely seen. Ramsden describes a total of 335 different issues, Haas in another publication claims some 890 different are known. The issue by mostly Chinese in Bangkok and other cities was for currency purposes in the locality or district of the gambling firms that issued them. They soon became, because of lack of other suitable currency, a medium of exchange throughout Siam (Thailand). Counterfeits soon appeared and consequently the gambling 'Hongs' were compelled to call in and exchange for money their counters which they then substituted by more new ones of more varied colours and shapes. Some have attached sealing wax which was used to receive the impression of the seal or 'chop' of the Hong making imitations that much more difficult. In 1871 the Siamese Government initiated action and by August 1875 an order was made prohibiting and stopping their circulation after December 1875. The circulation however continued for some time after there prohibition.

Estimate
$1,500
Result Status
Sold
Prices Realised
$1,200