Economy
Rare 1990 Ten-Baht Coin Fetches Record 2.54 Million Baht at Auction
A rare 1990 ten-baht coin has sold for a record-breaking 2.54 million baht following a competitive digital auction hosted by the Treasury Department.
According to a report by Matichon Online, the Thai Treasury Department recently launched a new digital auction system for rare coins, resulting in a historic sale. A 1990 ten-baht coin became the centerpiece of the event, attracting 52 competitive bids before closing at a final price of 2.54 million baht.
For residents and collectors in Thailand, this event highlights the growing interest in numismatics and the modernization of government asset sales. The Treasury Department has indicated plans to continue releasing rare coins for public auction on the 17th of each month, potentially offering new opportunities for enthusiasts to acquire historical currency.
While the auction system is now operational, details regarding the specific criteria for which coins will be selected for future auctions remain to be confirmed. Travelers or residents interested in these items should monitor official Treasury Department announcements to verify the schedule and the authenticity of upcoming listings. This development marks a significant shift in how the government manages and distributes rare numismatic assets to the public.