Eur-Seree Collecting Company attracted 450 bidders at their 32nd auction on 3rd and 4th of August this year. 110 of the bidders come from abroad.
The 46 million baht was spent bought mostly stamps, coin, banknotes and some antiquities.
Eur-Seree plans their next auction on 30th November and 1st of December, so a great chance to buy a Christmas presents for a good friend. More information please contact Jan Olav Aamlid, House of Coins, e-mail coin@ loxinfo.co.th
The following is a sample of what went at the auction:
LOT 2074 – Several of the bidders showed interest for a Chinese “Tea Caddy” from the Qing Dynasty. The minimum price was Baht 40,000 but after a long bidding round the hammer fell on Baht 1,150,000.
Lot 1386 – A 12 ounce gold 1000 Yuan “Year of The Horse” was estimated at Baht 640,000. The mintage is only 500 pieces and as there are several more than 500 collectors of this coin the bidder had to pay Baht 920,000.
Lot 1222 – From 1902 Thomas de la Rue from London was producing Thai banknotes. Due the Second World War the deliveries of Thai banknotes from Thomas de la Rue were halted from 1939 till 1948. In 1948/49 Thomas de la Rue again supplied Thailand with banknotes until 1968 when Thailand set up Bank of Thailand Note Printing Works. The last banknote Thomas de la Rue produced for Thailand was a 100 Baht note in 1968. The note was very nice with high security measures. In the Eur-Seree sale there was a very interesting lot consisting of 10 of this note. The notes had fascinating numbers like 111111 up to 999999 finishing off with a note numbered1000000. Minimum price was set at Baht 100,000 but the buyer had to pay Baht 200,000 for the lot.
Lot 2377 – For King Chulalongkorn, Rama V, a coronation medal was issued in 1873, dated C.S. 1235. Here the minimum price was set at Baht 20,000. This is far under the market value which was something the bidding showed and ending up at Baht 115,000.
Lot 1362 – The Chinese market for coins is not as strong as it used to be. But an 8 gram proof medal from 1983, “Year of the Pig” had a minimum price of Baht 30,000. There were several strong mail bids, the strongest Baht 68,000 but several floor bidders were interested, and the highest bidder was willing to pay Baht 145,000.
Lot 2453 – On King Chulalongkorn, Rama V’s, second trip to Europe he paid a visit to Norway and went all the way up to North Cape. Here the king inscribed his name on a stone. The stone is today in the building at North Cape were it is also a Thai Sala. Her Royal Highness Princess Sirindhorn presided over the opening in 1989. 100 years after the king visited Norway the Royal Norwegian Mint produced a medal with King Chulalongkorn’s portrait on the adverse. The reverse shows the stone, the king and his entourage together with Norwegian craftsmen who made the engraving on the stone. The Norwegian Mint produced a small and big medal in gold and silver. The big gold medal, weighing 60 grams, was produced in a very limited edition, only 9 pieces all individual numbered. The medal in the sale was numbered 03/09 and the buyer paid Baht 175,000.
Lot 2258 – The interest for Thai bullet coins, Pod Duang, seems to be rising. This is not surprising; Thailand is the only country in the world with this type of coins introduced during the Sukhothai Kingdom, and Centuries 13-15 A.D. The bullet coins were the most common form of payment for more than 600 years. The first Thai “flat” coin was struck in 1857 on a hand operated machine given by Queen Victoria to King Mongkut, Rama IV. In this auction there were 21 lots of bullet coins. The most expensive was a gold 1/8 baht, Fuang, struck during the reign of King Mongkut, Rama IV. The weight was 1.77 grams, starting price was Baht 20,000 and the bidding ended on Baht 41,000.
Lot 2259 – A silver 2 baht struck during the Rattankosin period also struck during the reign of King Mongkot, Rama IV, had a minimum price of Baht 15,000. Several collectors showed interest for the 30.28 gram bullet coin and the bidding ended on double of the minimum price Baht 30,000.
LOT 172 – Pakdi Yongvanich passed away some years ago. He was a well known collector. At this sale his collection of Siam Scout’s Fund and King Rama VI Thai Philately was offered. King Rama VI was the founder of Thai scouting in 1911. Several of the bidders wanted to buy the 1921 “Scout Fund 3rd Issue” 2 Satang and 15 Satang with the control mark of “Winter Fair”. The minimum price was set at Baht 3,200, but the bidding went to amazing Baht 185,000. Assume the seller must have been very happy.
