Rare 10-baht coin sells for staggering 2.54 million baht
A rare Thai 10-baht coin produced in 1990 has sold for 2.54 million baht at an online auction in Thailand, following 52 bids in a contest that lasted just over 10 minutes. Coin expert and collector Natthakorn Akkaramanee placed the winning bid for the commemorative coin, which was produced for the 16th Mint Directors Conference … The story Rare 10-baht coin sells for staggering 2.54 million baht…
A rare Thai 10-baht coin, produced in 1990 for the 16th Mint Directors Conference in the United Kingdom, has sold for an astonishing 2.54 million baht in an online auction. This commemorative coin was part of a limited edition run of only 100 pieces, making it one of Thailand's rarest circulating coins. Coin expert Natthakorn Akkaramanee emerged victorious in the auction, which lasted just over 10 minutes and featured 52 bids.
Most of the 100 coins either remained in storage or were used for exhibitions and displays, with only eight residing at the Mint Museum. The coin has been graded as MS 66, the highest grade recorded for a Thai circulating coin. Despite its face value of just 10 baht, the bidding process saw the price soar to 2.54 million baht. This sale marked the inaugural auction conducted through the Treasury Coin Market, an electronic platform established by the Treasury Department on August 24 to auction collectible coins and promote Thai coins as real-world assets.
The Department plans to hold monthly auctions on the 17th of each month, with rare gold coins among potential future sales.
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