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1 Baht Series 2, type II 'Banknote'

Issuer Government of Siam
Year 1927-1936
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Value 1 Baht (1 บาท) (1 THB)
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Obverse lettering ๑ รัฐบาลสยาม ธนบัตร์เป็นเงินที่ชำระหนี้ได้ตามกฎหมาย หนึ่งบาท เสนาบดีกระทรวงพระคลัง THOMAS DE LA RUE & COMPANY LIMITED, LONDON. 1
(Translation: 1 Government of Siam Banknote is legal tender One Baht)
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Reverse lettering ๑ 1 THOMAS DE LA RUE & COMPANY LIMITED, LONDON.
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Comments

The Series 2 1 Baht notes were issued under Royal Decree authority rather than through a central bank — Siam wouldn't establish the Bank of Thailand until 1942. Thomas De La Rue held the contract throughout this period, and the consistency of their intaglio work kept the notes difficult to counterfeit despite the relatively low face value.

The Type II designation within Series 2 reflects a signature change, not a redesign. Siam cycled through multiple Finance Ministry signatories during the late 1920s and 1930s, a period that included the 1932 constitutional revolution ending absolute monarchy — an upheaval that left the note's design untouched but changed the political authority behind the signatures printed on it.

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