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1 Baht
| Issuer | Government of Thailand |
|---|---|
| Year | 1948 |
| Type | Standard circulation banknote |
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| Composition | Log in to see details |
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| Printer | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | รัฐบาลไทย ธนบัตรเป็นเงินที่ชำระหนี้ได้ตามกฎหมาย หนึ่งบาท ผู้ว่าการกระทรวงการคลัง ผู้อำนวยการกรมธนาคารประเทศไทย |
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| Protection type | Log in to see details |
| Protection description | a ceremonial dish (phaan) visible in the blank oval area |
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| Comments |
Thailand's first postwar series was produced by Thomas De La Rue while the country was still navigating the political fallout of its wartime alignment with Japan — an uncomfortable position that complicated its re-entry into Western financial relationships. The 1948 series marked a deliberate return to British printing after the wartime interruption, reasserting both technical standards and political signaling through the choice of printer.
P#69 is one of the more short-lived issues in the series, replaced relatively quickly as denominations were reorganized. The watermark is the primary security element — modest by De La Rue's own capabilities at the time, but consistent with the austerity of the immediate postwar brief.