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1 Salueng / 1/4 Tical 'Warrant' - Rama IV
| Issuer | Thailand |
|---|---|
| Year | 1850 |
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| Composition | Log in to see details |
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| In circulation to | Log in to see details |
| Reference(s) | P#A8 |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | สลึงหนึ่ง 銭 壹 Quarta pars ticalis One quarter of Tical (Translation: One Salueng One Salueng One quarter of Tical) |
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| Protection description | Two red royal crown seals hand-stamped on the obverse; one red royal crown seal hand-stamped on the reverse, serving as authentication marks. |
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| Comments |
This note predates the formal establishment of a Thai central bank by nearly a century. Rama IV — Mongkut — authorized these paper warrants as part of an early experiment in fiduciary currency, driven partly by a severe shortage of small-denomination bullet coinage during the mid-nineteenth century. They circulated under royal authority rather than through any banking institution, which was unusual even by regional standards of the period.
The official seal served as the sole authentication device — no serial numbering, no complex printing. Survival rate is low; the humid Thai climate and the notes' modest social status meant few were preserved deliberately.