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Thai Notes sell well in sunny Queensland

Historic Thai notes seldom cross the block in Brisbane, Australia. Bob and Jacquie Innes of Roxbury’s Auction House were a little perplexed when an extensive collection in three albums arrived on consignment for their May auction.

The notes had been assembled over many years. They commenced with the 1924/25 series 2 and ran to 2008, a total of 256. Grades ranged from VG to UNC. All were labeled with their P-numbers and fully described. The whole collection was clearly a labor of love.

Face of the rare, 19th century 1/8 tical of Rama IV (P-A7) that sold for $3,349 at Roxbury’s May 4 sale in sunny Queensland. Images courtesy & © Roxburys.

Back of the rare, 19th century 1/8 tical of Rama IV (P-A7) that sold for $3,349 at Roxbury’s May 4 sale in sunny Queensland. Images courtesy & © Roxburys.

 

The Innes’ thought highly enough of it to make a video presentation and to ensure a full listing of the P-numbers was available to prospective bidders. Their dedication paid off.

Its arrival on the block created quite a buzz. Bidding quickly settled on ten individuals. Five were phone bidders, four from outside Australia and 1 interstate. Within the room were a further five, one of whom had flown in from overseas. The interplay between floor and phones proved to be quite something.

When the dust finally settled the collection had realized A$21,840 [US$15,243] on a modest estimate of $5,000.

Presumably those same bidders had found time to peruse the rest of the world notes on offer. There were two other Thai items. Both were from the same vendor but were notable early issues. One in particular was a rare 1/8 tical of Rama IV issue from 1851 to 1868 (P-A7). It is unpriced in any condition in SCWPM. The example on offer came in highly collectable gVF with an estimate of A$500.

Once again bidding took off with a hiss and a roar to end at A$4,800 [US$3,349].

Further details can be found at Roxbury’s website: http://www.roxburys.com/.

 

This article was originally printed in Bank Note Reporter. >> Subscribe today.

 


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