Catalog
20 Baht - Rama VII Series 3, type I
| Issuer | Government of Siam |
|---|---|
| Year | 1935 |
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| Composition | Cotton paper |
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|---|---|
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| Reverse lettering | ๒๐ 20 โทษฐานปลอมหรือแปลงธนบัตรคือจำคุก ตั้งแต่สิบปีถึงตลอดชีวิตและปรับตั้งแต่ พันบาทถึงหมื่นบาทหรือทั้งจำทั้งปรับเท่าว่าดารับนัตรปลอมแล้วแต่จำนวนไหนจะมากกว่ากัน THOMAS DE LA RUE & COMPANY LIMITED, LONDON |
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| Protection type | Watermark |
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| Comments |
Thailand was still Siam when this note was issued, and the Government — not the National Bank of Thailand, which didn't exist until 1942 — retained direct control over currency issuance. The 1935 date places this squarely in the constitutional monarchy's early years following the 1932 coup that ended absolute royal rule, a shift that made Rama VII's continued appearance on state currency a pointed political choice rather than a ceremonial one.
De La Rue's involvement was longstanding; Siam had used London printers for prestige currency since the late 19th century. The watermark remains the primary security feature — relatively modest by contemporary standards even for the period.