Thailand - PMG Graded 60 Baht - P-93a - Foreign Paper Money - Oversized Currency

PMG Graded 58 Choice About Unc. P-93a, 60 Baht. Rama IX seated on throne at ctr/Victory crown at left/Royal regalia at right/Royal family seated w/ subjects . Scarce colorful original envelope.

The baht (/bɑːt/; Thai: บาท, pronounced [bàːt]; sign: ฿; code: THB) is the official currency of Thailand. It is divided into 100 satang (สตางค์). The issuance of currency is the responsibility of the Bank of Thailand. According to Bloomberg, the Thai baht was the world's best performing currency in 2018. The SWIFT, as of January 2019, ranked the Thai baht as the 10th most frequently used world payment currency. The Thai baht, like the pound, originated from a traditional unit of mass. Its currency value was originally expressed as that of silver of corresponding weight (now defined as 15 grams), and was in use probably as early as the Sukhothai period in the form of bullet coins known in Thai as phot duang. These were pieces of solid silver cast to various weights corresponding to a traditional system of units related by simple fractions and multiples, one of which is the baht. Read more at https://en.wikipedia.org/wiki/Thai_baht

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