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Elephant-Mueang Thai - Rama III

Issuer Thailand
Year 1836
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Shape Round
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Obverse script Thai
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Edge Plain
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Additional information

Rama III authorized local token coinage during the 1830s partly to address a chronic shortage of small-denomination specie, a problem that foreign trade through Bangkok had only worsened. These copper pieces circulated alongside the official bullet ("pot duang") coinage, which by that period was struggling to meet everyday transactional demand. The minting of such tokens under royal sanction placed them in an ambiguous position — neither fully official nor simply merchant-issued.

KM#Tn1 designation signals its token classification, sitting outside the main royal coinage sequence.

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