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20 Baht - Rama VII Series 3, type I

Issuer Government of Siam
Year 1935
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Size 175 x 105 mm
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Obverse description Printed in green on a cream ground with intricate guilloche underprint throughout. At upper centre, a Garuda vignette surmounts the composition; to the left, an oval intaglio portrait of King Prajadhipok (Rama VII) in military dress uniform within an ornate scrollwork frame, with the numeral '20' at lower left. The central field carries a riverside landscape vignette with traditional Siamese stilt houses and a figure in a small boat, flanked at lower right by a figure of a guardian deity. Serial numbers and issue date appear in red at upper centre in both English and Thai scripts, with a manuscript signature of the Minister of Finance below the central vignette.
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Reverse description Printed entirely in green, the reverse centres on a large intaglio vignette of Wat Arun (Temple of Dawn) viewed from the Chao Phraya River, its distinctive prang and surrounding temple pavilions reflected in the water beneath a clouded sky. The vignette is set within an arched decorative border of Thai floral scrollwork, with a circular guilloche rosette to the lower left. Denomination numerals '๒๐' and '20' appear at upper left and upper right respectively within guilloche corner panels, and a two-line Thai anti-counterfeiting warning legend is set below the central vignette.
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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.

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