Japan · Nation Thailand
Mint Condition: Treasury Department to Auction Rare 1990 10-Baht Coin Valued at 1 Million Baht
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The Treasury Department launches the 'Coin Market' platform to counter the rise of a cashless society and safeguard collectors against counterfeit scams.
Key facts
- The coin’s extraordinary value stems from its extreme scarcity; only 100 pieces were ever minted
- To mark the occasion, the department is releasing just one of its vaulted 1990 coins
- Akarut noted that the starting reserve price will be set below the 1 million baht valuation to encourage competitive bidding.
- The unique appeal of the 1990 10-baht coin is that it belongs to the very first batches minted with a brass core,"
Summary
The Treasury Department is to auction an incredibly rare 1990 (B.E. 2533) 10-baht coin, a legendary piece in the numismatic community valued at up to 1 million baht.
The coin’s extraordinary value stems from its extreme scarcity; only 100 pieces were ever minted. The specimen slated for auction is a pristine, uncirculated coin sourced directly from the department’s secure vaults.