One-satang coin

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One satang
Thailand
Value 0.01 Thai baht
Mass 0.5 g
Diameter 15 mm
Edge Plain
Composition Aluminium
99% Al
Years of minting 1986–Present
Catalog number -
Obverse
1 satang obverse (2008).png
Design King Bhumibol Adulyadej
Designer Supab Aun-aree
Design date 2008
Reverse
1 satang reverse (2008).png
Design Wat Hariphunchai, Lamphun
Designer Paithoon Na Chaigmai
Design date 2008

The Thailand one-satang coin is a currency unit equivalent to one-hundredth of a Thai baht. It is rare in circulation but used in banking transactions.

The first satang coin was issued from 1908 to 1937, and featured a hole through the middle.[1] It was made of bronze and measured 22mm in diameter, weighing 4.6g. It bore the name of King Rama VI.[2] A coin in the same design was minted in 1939 with name of King Rama VIII, and had a mintage of 24.4 million.[3] In 1941 the design of the coin changed, although it was still bronze with a hole. The diameter changed to 20mm and the weight to 3.5g.[4]

The hole was removed in 1942 [5] as the coin's composition became tin, reducing its weight to 1.5g and the diameter to 15mm. Only issued in 1942, it had a mintage of 20.7 million.[6] The design was changed on the coin, although it retained its specifications, in 1944. This coin had an issue of 500,000.[7]

The coin then fell out of circulation. It was reintroduced in 1987 as an aluminium coin weighing 0.5g and measuring 15mm in diameter. This was the first one-satang coin to feature a portrait of a monarch, King Rama IX, which was sculpted by Wuthichai Saengngoen.[8] A commemorative was released in 1996 to mark 50 years since of the reign of Rama IX, with a front-facing portrait of the King at his succession.[9] In 2008, the current portrait of the King was inserted on the obverse.[10]

Mintages

  • 1987 ~ 93,000
  • 1988 ~ 200,000
  • 1989 ~ 109,000
  • 1990 ~ 191,050
  • 1991 ~ 25,000
  • 1992 ~ 61,000
  • 1993 ~ 126,000
  • 1994 ~ 500,000
  • 1995 ~ 500,000
  • 1996 - 0
  • 1997 ~ 10,000
  • 1998 ~ 10,000
  • 1999 ~ 20,000
  • 2000 ~ 10,000
  • 2001 ~ 50,000
  • 2002 - 0
  • 2003 ~ 10,000
  • 2004 ~ 10,000
  • 2005 ~ 20,000
  • 2006 ~ 3,000
  • 2007 ~ 10,000[11]
  • 2008 ~ 10,000
  • 2009 ~ 10,000[12]

References

  1. http://worldcoingallery.com/countries/display.php?image=img5/175-35&desc=Thailand y35 1 Satang (1908-1937)&query=Thailand
  2. http://en.numista.com/catalogue/pieces6582.html
  3. http://en.numista.com/catalogue/pieces12237.html
  4. http://en.numista.com/catalogue/pieces11122.html
  5. http://worldcoingallery.com/countries/display.php?image=img5/175-57&desc=Thailand y57 1 Satang (1942)&query=Thailand
  6. http://en.numista.com/catalogue/pieces10998.html
  7. http://en.numista.com/catalogue/pieces11123.html
  8. http://en.numista.com/catalogue/pieces10004.html
  9. http://en.numista.com/catalogue/pieces5859.html
  10. http://en.numista.com/catalogue/pieces22035.html
  11. Treasury Department
  12. Treasury Department