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100 baht 1968

Asia › Thailand
P-791968Bank of ThailandPMG 67 EPQ(UNC)
100 baht 1968 from Thailand, P-79 (1968) — image 1
100 baht 1968 from Thailand, P-79 (1968) — image 2

Market Prices

32 sales
Catalogue (2019)
VF$6.5
UNC$13
PMG 58$452026-01-29(15 bids)
PMG 66$692024-11-09(35 bids)
PMG 65$682024-07-29(23 bids)
PMG 66$622024-06-28(22 bids)
F$12.52024-04-18(4 bids)
PMG 64$49.882024-01-16(11 bids)
PMG 65$462024-01-03(17 bids)
PMG 68$286.992023-01-01(11 bids)
UNC$892021-07-05(20 bids)
PMG 67$205.12021-01-13(49 bids)
VF$172020-11-24(1 bid)
VF$24.132020-10-07(23 bids)
PMG 68$389.992020-09-04(3 bids)
PMG 67$2822020-08-09(38 bids)
EF$492020-06-24(31 bids)
EF$45.52019-01-05(20 bids)
F$25.22018-04-16(25 bids)
VF$412017-02-27(2 bids)
VF$33.52017-02-04(15 bids)
AUNC$572017-01-22(33 bids)
VF$56.662017-01-17(31 bids)
PMG 67$169.382016-11-06(31 bids)
PMG 66$69.882016-09-04(28 bids)
PMG 66$612016-08-28(22 bids)
PMG 66$87.662016-07-03(23 bids)
AUNC$362016-06-26(25 bids)
UNC$22.722016-06-20(10 bids)
VF$28.82016-04-20(13 bids)
AUNC$29.12016-01-16(15 bids)
VF$18.52015-11-26(17 bids)
VF$21.52015-03-28(17 bids)
UNC$19.52013-11-10(6 bids)

About This Note

This 100 Baht note from 1968 presents an exceptional example of early post-independence Thai currency design, graded PMG 67 EPQ. The obverse features a dignified portrait of King Rama IX in formal military dress with decorative insignia, rendered in red, blue, and multicolor against a cream background, while the reverse depicts the iconic Royal Barge Suphannahong with temple structures. The note displays excellent preservation with vibrant colors and minimal wear beyond a natural center fold, characteristic of high-grade examples from this series.

Rarity

Common. This is a regular issue banknote from 1968 with substantial print runs typical of a major denomination in circulation during Thailand's post-war economic expansion. eBay market data confirms common status: PMG 67 examples have sold consistently in the $169-$282 range over multiple years, with PMG 66 grades regularly selling for $60-$88, indicating healthy supply across the secondary market. Catalogue values (2019) list VF at $6.50 and UNC at $13, confirming accessibility for collectors. The abundance of comparable sales data and consistent pricing supports a common classification despite the note's age.

Historical Context

Issued in 1968 during the reign of King Bhumibol Adulyadej (Rama IX), this banknote reflects Thailand's post-1932 constitutional monarchy period and the nation's economic development following World War II. The inclusion of the royal portrait on the obverse and the Suphannahong royal barge on the reverse serves as powerful symbols of Thai sovereignty, cultural continuity, and the reverence for the Thai monarchy, which remains central to Thai national identity. This design period represents a mature phase of Thai banknote artistry under the Bank of Thailand's stewardship.

Design

The obverse features a three-quarter profile portrait of King Bhumibol Adulyadej (Rama IX) positioned at right, depicted wearing formal military dress uniform adorned with decorative medals and insignia, wearing eyeglasses. The monarch is rendered in fine engraving detail against ornate Thai design elements including a Garuda (Thai mythical bird-creature) motif in the lower left, intricate floral patterns, and geometric Thai ornamentation. The reverse displays the Suphannahong (the royal barge used for ceremonial river processions), a traditional Thai long-tail boat design, positioned against a backdrop of Thai temple structures with multiple spires and chedis, rendered in predominantly red/pink tones with cream and gold accents. Both sides feature elaborate ornamental borders and Thai numeral denominations integrated into the decorative scheme.

Inscriptions

Front side: Thai text 'ธนบัตรแบงก์' (Banknote), 'ธนาคารแห่งประเทศไทย' (Bank of Thailand), 'ร้อยบาท' (One Hundred Baht); Arabic numerals '100' appearing in circular denomination marker; Serial number 'B/474 244602'. Back side: Thai numerals '900' and '100' in ornate corner designs. All inscriptions follow standard Thai banknote conventions of the period.

Printing Technique

Intaglio (engraved) printing, characteristic of high-security banknote production of this era. The printer identified as TDLR (Thai Danu Limited Responsibility or Thai government printing works). Fine line-work engraving throughout provides anti-counterfeiting protection through intricate detail reproduction that would be extremely difficult to counterfeit with period printing technology. The watermark featuring King Rama IX in uniform serves as an additional security feature.

Varieties

This specimen is catalogued as Pick-79a (base Pick number P-79). The serial number 'B/474 244602' indicates this particular note belongs to a standard circulation batch. PMG records indicate cataloguing of this base Pick number with at least one variant designation. No overprints, signature variations, or other noted modifications are apparent from the visual analysis. The standard 1968 issue without date variations or printing anomalies represents the primary catalogued variety for this denomination and issuing authority combination.