10,000 Baht Note

[akmacca]

Recently I bought a used Lonely Planet Thailand guide and flicking through the pages out popped a crisp, new 10,000 baht note. date on the note is 2003.

I did some research to confirm there was such a note and to get some background information, not that there was much. Can I readily use this note or would it be better to save or is it a collectors item? Any information would be appreciated

[saakura]

You can readily use it in a game of monopoly or sell it to a Chinese for a few satang to burn it at the grave of his ancestors. Why not check at the nearest bank if this is legal tender? Been here since much before 2003, never heard of a 10,000 baht note.

[Farma]

I'm told these notes are legal and were produced for collectors. Their collector value depending on condition could be higher than face value.

[Satcommlee]

I think it is just some sort of promotional thing, it is certainly not legal tender..

Just think to yourself how you come across it? do you really think it is genuine?

[Shurup]

Better check with the bank but the chances are the teller might not be aware of such notes.

I won't be using it in any case, if it's real, regular folks would think you're scamming them and also if it's real, it's def a collectors note and will be worth more than 10K THB

[Diplomatico]

I think it is just some sort of promotional thing, it is certainly not legal tender..

Just think to yourself how you come across it? do you really think it is genuine?

Hard to say, really. I quickly did some googling after reading the OP and apparently there was an issue of a 500,000 baht note - which can legally be owned by individuals - that was printed for the 50th wedding anniversary of the King and Queen. It was issued in May of 2000. So a 10,000 baht note.....who knows?

If I were OP, I'd be heading to a bank on Monday morning.

[Satcommlee]

apparently there was an issue of a 500,000 baht note - which can legally be owned by individuals -

So do you think this would have also ended up being a bookmark in a tourist's guide?

[jonwilly]

A friend has just arrived from BBK and he tells me there is a New style B500 note in use down there !

john

[ThaiPauly]

I'd love to see a 10,000 baht note in circulation, would save a lot of space in our wallets

[Diplomatico]

apparently there was an issue of a 500,000 baht note - which can legally be owned by individuals -

So do you think this would have also ended up being a bookmark in a tourist's guide?

Funny. People have been known to hide money between the pages of books.

[Thailand]

A friend has just arrived from BBK and he tells me there is a New style B500 note in use down there !

john

Even in the boonies here in Chiangmai for a while now.

[haybilly]

I'll give you one of my bookmarks to replace it.

[Briggsy]

Bit of Thai law

Section 244

Type of offense: Possessing and knowingly using counterfeit currencies as genuine.

Penalty imposed: imprisonment for a term ranging from 1 to 15 years with a fine of 2,000-30,000 baht

Section 249

Type of offense: Making, possessing, passing any other material/item intended to be used as currency.

Penalty imposed: imprisonment for a term not exceeding 1 year and/or a maximum fine of 2,000 baht

[Diplomatico]

A 2,000 baht fine....that's funny.

[aTomsLife]

I'd love to see a 10,000 baht note in circulation, would save a lot of space in our wallets

Gimme a break. They have enough trouble changing 500 and 1000 baht notes.

Besides, even at an upscale restaurant/club, you'd be handing over almost a month's salary to your waitress in one note. You'd feel comfortable doing that? Because I wouldn't.

Imagine the feeling when someone comes back to tell you, you only gave them a thousand.

[Satcommlee]

Does this note have a picture of Ho Chi Minh on the front by any chance?

Would love to see a photo of it!

[Diplomatico]

Does this note have a picture of Ho Chi Minh on the front by any chance?

Would love to see a photo of it!

It would be a 1 million baht note if HCM was on it, lol. Feels so weird walking around Vietnam with millions of VND in the wallet.

[daveAustin]

Haven't seen one but wouldn't surprise me. Many countries have larger notes as legal tender or, in the case of the UK's million and 100M notes to back up the home countries' banks. Best bet is to simply ask the bank, tell them how you found it... just don't expect 7-11 to break it for a pack of crisps.

By the way, did you buy the book at Gecko's?

[naboo]

Sure its not Laos Kip?

[circusman]

I think it is just some sort of promotional thing, it is certainly not legal tender..

Just think to yourself how you come across it? do you really think it is genuine?

Hard to say, really. I quickly did some googling after reading the OP and apparently there was an issue of a 500,000 baht note - which can legally be owned by individuals - that was printed for the 50th wedding anniversary of the King and Queen. It was issued in May of 2000. So a 10,000 baht note.....who knows?

If I were OP, I'd be heading to a bank on Monday morning.

Hard to say ? The op wants an answer. You don't even come close, why bother ?

[elektrified]

Does this note have a picture of Ho Chi Minh on the front by any chance?

Would love to see a photo of it!

I believe there is a law about posting pictures of currency that could be counterfeit.

I did get a 500 Baht bill in change about 3 years ago that looked unusual. The g/f took it somewhere to be checked out and it turned out to be a commemorative issue; rarely seen. We have it somewhere. Don't know about the value.

[true blue]

A friend has just arrived from BBK and he tells me there is a New style B500 note in use down there !

john

been in use up here for months.

[LivinLOS]

http://www.bot.or.th/English/Banknotes/HistoryANdSeriesOfBanknotes/Pages/commemorative.aspx

[asdecas]

10,000? Sounds like too many Tikals. Too many tickles spoil the joke.

[sanuk711]

Yes you can spend it---but first if I was you I would exchange it....... probably best to brake it down into 3-- 3,000baht notes & the rest into smaller money, say 3--200 baht notes a 150 note & several 35 baht ones for tips, also the 7 baht coins for small change would be handy...............

[Suradit69]

I think it is just some sort of promotional thing, it is certainly not legal tender..

Just think to yourself how you come across it? do you really think it is genuine?

Hard to say, really. I quickly did some googling after reading the OP and apparently there was an issue of a 500,000 baht note - which can legally be owned by individuals - that was printed for the 50th wedding anniversary of the King and Queen. It was issued in May of 2000. So a 10,000 baht note.....who knows?

If I were OP, I'd be heading to a bank on Monday morning.

I checked in Thai Banknotes Catalogue by Somchai Saeng-Ngern, which is considered authoritative. There were two series of the Baht 500,000 notes printed in 2000 for the 50th wedding anniversart of the king and queen. Only 999 notes for the king and 999 notes for the queen were printed. The catalogue value for uncirculated notes is now Baht 1,100,000.

There is no mention of a Baht 10,000 note being issued.

I would be a little cautious about taking it to a bank to check if it is legitimate. If it appears to be some sort of attempted forgery, just possessing it could cause you a world of legal problems.

Section 244

Type of offense: Possessing and knowingly using counterfeit currencies as genuine.

Penalty imposed: imprisonment for a term ranging from 1 to 15 years with a fine of 2,000-30,000 baht

[ezzra]

I"m an avid banknote collector and have never hears or seen a Thai banknote over the value

of B.1,000.....

[Suradit69]

I'd love to see a 10,000 baht note in circulation, would save a lot of space in our wallets

The Bank of Thailand has resisted this because it is regarded as being an aid to money laundering and drug deals.

A similar problem has been associated with the 500 Euro note:

"There's been a significant body of evidence over time that has recognised that high denomination notes are an important means of reducing the bulk of cash," says Mr Cruxton. "The 500 euro note is really the note of choice among criminals.

"We estimate that more than 90% of the 500 euro notes that are provided in the UK have actually gone into the hands of serious organised criminals."

Economists have long charted how large denomination notes facilitate money laundering

http://news.bbc.co.uk/2/hi/8678979.stm

[recycler]

They are only for use by higher government, military and police officials, to make it easier to stash large amounts of cash...

[andrewrooney]

I've got one of the commemorative 80 baht notes from the Queen's birthday a couple years ago. I think the in-laws have a sixty at their house also.

Poking around on the internet I don't see anything about a 10,000 though.

I'm with the poster who said it's probably Lao kip