Eur-Seree Sale #72
Eur-Seree Sale #72: What I Bought and Why It Matters
I have been attending Eur-Seree auctions for several years now. Each sale is a different experience — different lots, different energy in the room, different moments of regret and satisfaction. Sale #72, held on April 4, 2026 at Eur-Seree Collecting Co., Ltd. in Bangkok, is one I will remember for a long time.
Not only because of the record-breaking prices — though those were remarkable. But because I finally won something I had been chasing for almost two years.
About Eur-Seree and Why It Is the Right Auction for Thai Banknote Collectors
If you collect Thai banknotes seriously, Eur-Seree is not optional — it is essential. This Bangkok-based auction house specialises exclusively in Thai currency and has been running catalogued sales for decades. Lots are described in both Thai and English, graded pieces come in PMG and PCGS slabs, and the bidding room draws collectors from Thailand, Japan, Singapore, and beyond.
Sale #72 offered over a thousand lots spanning all major Thai banknote series — from pre-WWII Government of Siam issues to modern commemorative pieces. The full catalogue is available at sale72.eurseree.com.
The Top Prices of the Day
Two lots drove the most intense bidding in the room. I watched both of them closely — I had even considered jumping into one myself.
Lot 1348 was a lesson in what Thai collectors value beyond condition alone. A note with a fully solid serial number is not just a graded piece — it is a cultural artefact. Lucky serial numbers carry genuine market premium in Thailand, and 540,000 Baht for a 100 Baht note says everything about how deep that premium runs.
The Banknotes I Won
I submitted bids on eight lots and won all of them. Below is a closer look at the key pieces. Click any entry to expand the details.
A post-war 1 Baht issued by the Government of Thailand, printed by Thomas De La Rue (TDLR) in London. The obverse features a young King Rama IX (Bhumibol Adulyadej) — one of his earliest appearances on Thai currency. The reverse shows the Temple of the Emerald Buddha (Wat Phra Kaeo).
PMG 64 for a 1948 note means outstanding preservation: paper still crisp, colours vibrant, virtually no signs of circulation. Finding this note at this grade is genuinely rare.
A Series IV 5 Baht from the Government of Siam (รัฐบาล สยาม), still using the country’s pre-1939 name. The red serial number is characteristic of this specific print run. The paper has developed a natural patina, but the main design elements remain well-defined.
The «Seree Thai» (Free Thai) movement operated as a resistance organisation during the Japanese occupation. Notes from this era carry historical weight that goes far beyond their face value.
One of the most historically important issues in Thai numismatics. This 1 Baht was printed during the Japanese occupation — not by a British printing house (Thailand’s usual supplier), but by the Royal Thai Army Map Department. It carries two serial numbers in Western notation: A/89 and น/89.
PCGS 55 (About Uncirculated) for a wartime emergency note is a very respectable grade. Most surviving examples show heavy wear.
Nearly a hundred years old. This 1 Baht carries a printed date — 11th August 1927 — and represents the classic «Contract to Pay» style of Government of Siam currency. Printed by TDLR, Series 2, Type I. Garuda at the top, white elephant on the right, radiating sunburst background — all symbols of the Siamese state in the 1920s.
PCGS Choice VF (35) for a note approaching its centenary is a solid result. The paper retains good structural integrity with wear consistent with its age.
This is the one. The commemorative 10 Baht issued on 24 June 1969 (BE 2512) to mark the opening of Thailand’s own Note Printing Works (NPW) — the moment the country began printing its currency domestically, ending reliance on foreign printers. The overprint records the exact date of that milestone.
Serial number 0A 0002944 is an early issue from this run. Watermark: King Rama IX. PMG 64 reflects outstanding preservation for a commemorative that most people handled carelessly.
Everything I Bought at Sale #72
In total I won eight lots. Here is the full list by series:
Want to Bid at
Eur-Seree Sale #73?
The next Eur-Seree auction takes place in August 2026. If you cannot be in Bangkok in person — or if you are new to this auction house and want an experienced collector on the floor with you — I am ready to be your official representative.
I attend every Sale. I know the catalogue, I know the room, and I know which lots tend to go above estimate and which are overlooked. You do not need to travel to Bangkok to win the note you want.
Once the Sale #73 catalogue is published, we go through it and identify pieces that fit your collection and budget
You decide your maximum bid for each lot. Nothing gets exceeded — no surprises, no overruns
I represent you on auction day, then send a full report along with your winnings and all documentation
Looking for a specific graded note? Building a themed set? Or simply curious what will be on offer in August? Write to me. No obligation, no pressure. Just one collector talking to another.
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