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50 Baht Type I, red 50 on reverse

Issuer Government of Thailand
Year 1945
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Reference(s) P#62B
Obverse description The obverse is printed in purple and dark green on a light ground, with a decorative guilloche border framing the central field. The Garuda emblem of Thailand is printed at the top center, flanked by alphanumeric serial numbers in two positions. Thai-script inscriptions occupy the central area, with a large red numeral '50' enclosed within a plain circle to the right. A manuscript signature appears at the lower center beneath a partially obscured text panel.
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Reverse description The reverse is printed in a soft purple-brown tone on an uncolored ground, centered on a detailed vignette of a grand European-style domed building — identified as the Ananta Samakhom Throne Hall — set within an ornate guilloche frame with scrollwork at the corners. A large red numeral '50' is set within a plain white circle to the left, balancing the architectural vignette. Dark green overprint blocks appear in the upper-left and right margin areas.
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Comments

Thailand's wartime finances were a tangle of Japanese pressure and domestic improvisation. This note was issued by the Thai government under the terms of the 1942 financial agreement with Japan, which effectively tied the baht to the yen at a fixed rate deeply unfavorable to Thailand. The printing infrastructure was severely strained — Japanese occupation had disrupted normal supply chains, and multiple series were produced under constrained conditions to meet demand.

The "Type I" designation with red overprinted 50 on the reverse distinguishes it from a parallel variant, a distinction that matters more than it might appear: the two types were not interchangeable in their issuance sequence and reflect adjustments made mid-production.

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