One-satang coin

Last updated
One satang
Thailand
Value0.01 Thai baht
Mass0.5 g
Diameter15 mm
EdgePlain
Composition Aluminium
99% Al
Years of minting1908Present
Catalog number-
Obverse
DesignKing Vajiralongkorn
Designer Vudhichai Seangern
Design date2018
Reverse
DesignRoyal Monogram of King Vajiralongkorn
Designer Chaiyod Soontrapa
Design date2018

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.

Contents

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 the 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]

Evolution of 1 satang

Buying Power

Since the satang only extend back to 1908, and due to the currency being non-decimal prior to this point, descriptions of how much a satang could buy starts from the reign of Rama VI.

1910-1925

Rice with various curries (green, red, etc.) costs 1 satang per set. A bowl of noodles also costs 1 satang. Water was free. Soda and sweet drinks costs 1 satang per bottle. Cigarettes (3 to 7 sticks) costs 1 satang depending on the branding. [11]

1925-1935

Rice and curries, along with noodles now costs 3 satang. A whole box of cigarettes costs 3 satang also. Though, 1 satang food set still exists. [11]

Mintages

References

  1. http://worldcoingallery.com/countries/display.php?image=img5/175-35&desc=Thailand y35 1 Satang (1908-1937)&query=Thailand
  2. "1 Satang - Rama V / Rama VI / Rama VII / Rama VIII - Thailand – Numista".
  3. "1 Satang - Rama VIII (Government of Thailand) - Thailand – Numista".
  4. "1 Satang - Rama VIII - Thailand – Numista".
  5. http://worldcoingallery.com/countries/display.php?image=img5/175-57&desc=Thailand y57 1 Satang (1942)&query=Thailand
  6. "1 Satang - Rama VIII - Thailand – Numista".
  7. "1 Satang - Rama VIII - Thailand – Numista".
  8. "1 Satang - Rama IX - Thailand – Numista".
  9. "1 Satang - Rama IX, Thailand".
  10. "1 Satang - Rama IX (4th portrait) - Thailand – Numista".
  11. 1 2 เสมียนอารีย์. ค่าครองชีพ คนไทย ในอดีต ก๋วยเตี๋ยว 1 สตางค์-โสเภณีครั้งละ 50 สตางค์. ศิลปวัฒนธรรม. Published November 4, 2023. https://www.silpa-mag.com/history/article_80521 ‌
  12. Treasury Department Archived 2011-10-06 at the Wayback Machine
  13. Treasury Department Archived 2011-08-15 at the Wayback Machine