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Illustration of the spanish dollar which was marked Together with the Siamese authorities's emblem - marking that it is legal tender. Cowrie shells in the Mekong River had been employed as forex for small amounts For the reason that Sukhothai time period. Prior to 1860, Thailand didn't produce coins making use of modern day techniques. As a substitute, a so-identified as "bullet" coinage was utilized, consisting of bars of metallic, thicker in the middle, bent round to sort an entire circle on which pinpointing marks ended up stamped.
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Rama III (1824–1851) was the primary king to take into account the utilization of a flat coin. He did so not for your comfort of traders, but simply because he was disturbed that the creatures residing in the cowrie shells were being killed.
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