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1000 Baht 'Ploughing Ceremony' Series 2, type II 'Banknote'
| Issuer | Government of Siam |
|---|---|
| Year | 1930 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
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| Reference(s) | P#21 |
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|---|---|
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| Reverse description | The reverse carries a central vignette of the Royal Ploughing Ceremony set within an elaborate guilloche border, printed in red-brown on a yellow-ochre ground. A white royal elephant stands to the right within a decorative cartouche, while denomination numerals '๑๐๐๐' and '1000' appear in the upper right and lower left corners. The printer's imprint is repeated at the base, and the overall design is framed by an intricate lace-pattern guilloche border. |
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| Protection type | Watermark |
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| Comments |
The Series 2 1,000 Baht notes were issued by the Government of Siam — not the National Bank, which did not yet exist — under the Currency Act of 1928, which reorganized the baht onto a gold exchange standard tied to sterling. The 1,000 Baht denomination was the highest in the series and saw near-zero retail circulation; at that value, a note represented roughly three years' wages for an ordinary laborer, making it essentially a reserve and interbank instrument.
The Type II designation within this series reflects a revised signature combination, a detail that matters considerably to specialists since signed examples in any combination are scarce. De La Rue's involvement was continuous across multiple Siamese series from the 1920s onward, with plates and paper supply managed entirely from London.