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100 Baht - Rama IX First Thai Banknote

Issuer Bank of Thailand
Year 2002
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Size 114 × 77 mm
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Obverse lettering ๑๐๐ รัฐบาลไทย ร้อยบาท ธนบัตรเป็นเงินที่ชำระหนี้ได้ตามกฎหมาย ๑๐๐ ๑๐๐
Reverse description Facsimile reproduction of the first Thai banknote issued during the reign of King Rama V, recalling the design of Pick P#12a from the First Series. The central vignette reproduces the historical note's imagery within a period-style layout, printed in muted tones to evoke the original 1902 issue, framed by ornamental borders consistent with early twentieth-century banknote engraving conventions.
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This note sits at an unusual intersection of Thai monetary history and wartime logistics. The Bank of Thailand was established in December 1942, and this 100 Baht was among the earliest issues to bear its name — printed in Canada while Thailand was under Japanese occupation, with the plates prepared and the order placed through channels that remain only partially documented. The Canadian Bank Note Company completed the printing in April 1945, weeks before the Pacific war ended, though distribution into actual circulation came later.

The "Rama IX First Thai Banknote" designation in collector usage is misleading — Rama IX did not ascend until 1946, and this note predates his reign entirely.