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1 Salueng / 1/4 Tical 'Warrant' - Rama IV
| Issuer | Thailand |
|---|---|
| Year | 1850 |
| Type | Log in to see details |
| Value | 1 Salung (1/4) |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The reverse carries a block of Thai script text in black ink, printed within a plain ruled rectangular border, constituting the warrant text authorizing the note's value. A red crown seal is applied over the lower portion of the text, partially overlapping several lines of inscription. A small decorative vignette appears near the top of the text block. |
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| Protection type | Official seal |
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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.