Culture
Udon Thani Amulet Market Sees 'Nuea Duang' Coin Prices Plummet
The market value of the 'Nuea Duang' amulet has dropped significantly following controversies involving the monk associated with its consecration.
According to a report by Khaosod Online on September 11, 2026, the amulet market in Udon Thani is experiencing a major downturn regarding the 'Nuea Duang' coin series. This decline follows public controversy surrounding 'Sami Chot,' a former monk who was involved in the consecration of these items.
Mr. Bebe, president of the Ban Lueam Amulet Club in Udon Thani, stated that the market value of these coins has fallen sharply. Previously, certain versions of the coins, particularly those made of gold or silver, were traded for millions of baht. Currently, prices have plummeted to the tens of thousands of baht, depending on the material and condition of the individual piece. While some trading continues at these lower price points, collectors have largely refrained from bringing these items to market for sale.
For residents and visitors interested in Thai cultural artifacts, this situation highlights the volatility of the amulet market, where public perception and the reputation of associated figures can drastically influence asset value. While the price drop is confirmed by local dealers, the long-term impact on the broader amulet collecting community remains to be seen. Potential buyers should be aware that the market for this specific series is currently unstable and highly sensitive to ongoing news reports.